Godrej Properties enters into partnership to develop residential project in Chennai

28 Mar 2014 Evaluate

Godrej Properties (GPL), the real estate development arm of the Godrej Group, has entered into a partnership with SSPDL Green Acres LLP to develop a residential project at Padur, Old Mahabalipuram Road (OMR), near Siruseri IT Park, in Chennai.  The proposed project, spread over 7 acres, will offer approximately 93,000 square meters (1 million square feet) of saleable area and will be developed as a modern group housing residential development comprising 1, 2 & 3 BHK apartments.

Like most Godrej Properties’ projects, this project is being developed through the profit sharing model. The location offers excellent connectivity to all key areas in Chennai including the East Coast Road (ECR) and Grand Southern Trunk (GST) road. The project will also benefit from the rapidly developing social infrastructure and Information Technology zones surrounding it.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

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