Godrej Properties adds three new projects across Bengaluru and NCR

Godrej Properties has announced the addition of three new projects, two in Bengaluru and one in Noida. The Mumbai-based real estate developer has entered into a joint venture with Sai Srushti Group to develop a 100-acre land parcel on NH-648 near Devanahalli Town in North Bengaluru. NH-648 is a major highway connecting all primary markets of Bengaluru from West to South. This shall be Godrej Properties’ first plotted development project, and it plans to develop approximately 2 lakh m2 (2.15 million sq-ft) for the project.
The second project, which is also in Bengaluru, is a joint venture with the promoters of Lahari Music Group. The plan is to develop 17 acres of land, with the possibility of further extending the development up to 24 acres, in Electronic City Phase – I, abutting the main Wipro Campus in South Bengaluru. Godrej Properties plans to develop a modern residential housing project of approximately 1.3 lakh m2 (1.4 million sq-ft) with an option to further increase it to 2 million sq-ft.
The third project is in the Noida Expressway micro market. Godrej Properties will develop a group housing project under the development management model in partnership with the Ace Group. This project will offer approximately 1.6 lakh m2 (1.7 million sq-ft) of saleable area, and will be developed as a modern group housing development. This project is located in one of the most promising locations in Noida with easy access from the Noida Expressway and Noida Metro.
Pirojsha Godrej, executive chairman, Godrej Properties, said about the additions, “We are happy to add these new projects in Bengaluru and NCR. This fits well with our strategy of building our presence in the country’s leading real estate markets. We look forward to delivering outstanding projects across these locations.”