Godrej Properties (GPL) has entered into a Development Management Agreement (DMA) with Manyata Developers to develop a group housing project in East Bangalore. Manyata Developers is a leading Bangalore based real estate company, founded by Reddy Veeranna.
The first phase of the project is spread over 16 acres and will offer approximately 125,000 square metres (1.35 million square feet) of saleable area. The total project is expected to offer approximately 437,000 square metres (4.7 million square feet) spread over 53 acres.
The project will be developed as a modern residential development comprising of apartments of various configurations. The location is well connected to key IT Hubs of Sarjapur Road, Whitefield, Outer Ring Road and Electronic City. This will be GPL’s fourteenth project in Bangalore.
Godrej Properties is currently developing residential, commercial and township projects spread across approximately 13.82 million square meters (141.45 million square feet) in 12 cities.
