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Godrej Properties enters into JV with Nirmal Ventures

14 Sep 2017 Evaluate

Godrej Properties (GPL) has entered into a joint venture (JV) with Nirmal Ventures for developing a residential project located on the Lal Bahadur Shastri (LBS) Marg, Thane West. This project will be developed under a development management agreement.

Spread over 14 acres, the project will offer approximately 1,95,000 square metres (2.1 million square feet) of saleable area and will be developed as a residential development comprising of modern residential apartments of various configurations along with a small retail component to support this residential development.

Godrej Properties is currently developing residential, commercial and township projects spread across approximately 13.70 million square meters (140.10 million square feet) in 12 cities.


Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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