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Godrej Properties Limited (GPL), Mumbai-based real estate developers, announced that it has entered into a development management agreement with Manyata Developers Private Limited to develop a group housing project in east Bengaluru.
Manyata Developers Private Limited is a Bengaluru-based real estate company, founded by Reddy Veeranna.
The first-phase of the project is spread over 16 acres and will offer approximately 1,25,000 square metres (1.35 million square feet) of saleable area.
The total project is expected to offer approximately 4,37,000 square metres (4.7 million square feet) spread over 53 acres. The project will be developed as a modern residential development comprising of apartments of various configurations.
The location is well connected to key IT Hubs of Sarjapur Road, Whitefield, Outer Ring Road and Electronic City.
This will be GPL’s fourteenth project in Bengaluru.
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