Godrej Properties, the real estate development arm of the Godrej Group, has entered into a Development Agreement with M/s Oasis Buildhome Pvt. Ltd. to develop a 13.76 acre property situated on Northern Periphery Road (NPR) in Sector 88A/89A, Gurgaon
G
The Mumbai-based real estate developer will develop a residential project in
Gurgaon
Godrej Properties Limited (GPL) (BSE scrip id: GODREJPRP), the real estate
development arm of the Godrej Group, has entered into a Development Agreement
with M/s Oasis Buildhome Pvt. Ltd. to develop a 13.76 acre property situated on
Northern Periphery Road (NPR) in Sector 88A/89A, Gurgaon. The project will be
developed as a premium residential group housing project and is expected to offer
1.2 million sq. ft. of saleable area.
This well located parcel of land has strategic access from the existing Pataudi Road
and the NPR. Upcoming road infrastructure will further enhance the connectivity of
the project to Delhi and other parts of Gurgaon.
The company is currently developing two residential projects in Gurgaon, Godrej
Frontier and Godrej Summit, and has recently added a new project in Okhla, New
Delhi where it plans to do a premium residential development. As with most Godrej
Properties projects, this project is being done as a joint venture.
Mr. Pirojsha Godrej, Managing Director & CEO, Godrej Properties said, “We are
happy to add this new project in Gurgaon to our development portfolio. NCR is an
important growth market for us and this is the second new project we've entered in
NCR in FY14. The project fits well with our strategy of growing our presence in
India's leading real estate markets and we will aim to replicate the success of our
previous projects in the Gurgaon market.”
http://www.moneycontrol.com/mccode/news/article/article_pdf.php?autono=930331&num=0
source:- http://www.moneycontrol.com/news/announcements/godrej-properties-to-develop-residential-projectgurgaon_930331.html
G
The Mumbai-based real estate developer will develop a residential project in
Gurgaon
Godrej Properties Limited (GPL) (BSE scrip id: GODREJPRP), the real estate
development arm of the Godrej Group, has entered into a Development Agreement
with M/s Oasis Buildhome Pvt. Ltd. to develop a 13.76 acre property situated on
Northern Periphery Road (NPR) in Sector 88A/89A, Gurgaon. The project will be
developed as a premium residential group housing project and is expected to offer
1.2 million sq. ft. of saleable area.
This well located parcel of land has strategic access from the existing Pataudi Road
and the NPR. Upcoming road infrastructure will further enhance the connectivity of
the project to Delhi and other parts of Gurgaon.
The company is currently developing two residential projects in Gurgaon, Godrej
Frontier and Godrej Summit, and has recently added a new project in Okhla, New
Delhi where it plans to do a premium residential development. As with most Godrej
Properties projects, this project is being done as a joint venture.
Mr. Pirojsha Godrej, Managing Director & CEO, Godrej Properties said, “We are
happy to add this new project in Gurgaon to our development portfolio. NCR is an
important growth market for us and this is the second new project we've entered in
NCR in FY14. The project fits well with our strategy of growing our presence in
India's leading real estate markets and we will aim to replicate the success of our
previous projects in the Gurgaon market.”
http://www.moneycontrol.com/mccode/news/article/article_pdf.php?autono=930331&num=0
source:- http://www.moneycontrol.com/news/announcements/godrej-properties-to-develop-residential-projectgurgaon_930331.html
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