Godrej Properties has entered into a new deal to develop a residential project at Whitefield, in Bengaluru. The proposed project will offer approximately 79,000 square metres (0.85 million sq. ft.) of saleable area and will be developed as a modern residential development.
Pirojsha Godrej, Managing Director & CEO, Godrej Properties said, “We are very happy to add a new residential project in Bengaluru. This is our eighth project in Bengaluru and second project in Whitefield. This development fits well with our strategy to strengthen our portfolio in the country’s leading real estate markets.”
Whitefield is emerging into a self-sustaining commercial and residential locality with many educational institutions, hospitals, malls and convenience stores in close proximity. The plot has high visibility and is well connected to EPIP Zone and ITPL Business Parks. As with most Godrej Properties’ projects, this project will be developed under a profit sharing model.
Source: Track2Realty Bureau
