Godrej Properties has entered into an agreement to develop a 33 acres land parcel in the residential micro-market of Bannerghatta Road in South Bengaluru. The agreement is for an outright purchase with around 5% area share to the landowners.
Bannerghatta Road is one of the established residential locations in South Bengaluru and has excellent connectivity to the Bannerghatta Main Road and the IT/ITES belt in Electronic City. In addition, the site is in close proximity to several other key hubs of the city and offers an extremely well-developed social and civic infrastructure with multiple schools, hospitals, retail, residential, and commercial spaces in close proximity.
Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.
| Company Name | CMP |
|---|---|
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| Dilip Buildcon | 478.50 |
| DLF | 608.40 |
| Oberoi Realty | 1703.85 |
| Ahluwalia Contract(I | 847.50 |
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