Godrej Properties (GPL), the real estate development arm of the Godrej Group, has joined as a partner in Mosiac Landmarks LLP to develop a group housing project at Undri, near NIBM in Pune. This is a profit sharing arrangement with GPL getting 51% of the profits from the project.
The project, spread over 8.64 acres, will offer approximately 5,00,000 square feet of saleable area and is proposed to be developed as a modern group housing residential development comprising 2, 2.5, 3 BHK, and penthouse apartments.
The location offers excellent connectivity to all key areas in Pune, like M. G. Road, the Mumbai - Bangalore Highway (NH 4), and the Pune - Solapur Highway (NH 9). The project will also benefit from the well developed social and educational infrastructure surrounding it - with Corinthian Club and Bishop's Co-ed School in the immediate neighborhood.
Godrej Properties is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, its business focuses on residential, commercial and township developments. It is a fully integrated real estate development company involved in all activities associated with the development of residential and commercial real estate.
