Godrej Properties enters into pact with SBI

PTI Mumbai | Updated on March 12, 2018 Published on July 21, 2011

Godrej Properties, the real estate arm of Godrej Group, has entered into a memorandum of understanding (MoU) with State Bank of India (SBI) to create multiple platforms to make their projects and services available to customers across India and abroad.

Under the pact, both the companies plan to host various co-promotional activities for customers in India and for non-resident Indians in countries like the UK, US, and Singapore, the company said in a statement issued here today.

“We are very excited to associate ourselves with State Bank of India and are looking forward to a long-term relationship that will benefit our customers while also expanding our customer base,” the Godrej Properties Vice-President (Marketing and Sales), Mr Girish Shah, said.

The company will showcase their sustainable homes while SBI Home Loans will consider offering favourable home loan rates for its residential properties located in Ahmedabad and Kolkata on promotional platforms, which will include seminars, workshops, exhibitions, and road shows, the release said.

These favourable terms could eventually be extended to other GPL’s residential projects as well, it said.

“This is a great opportunity for us to work with Godrej Properties. We hope this association proves to be a long-lasting relationship and we will work together to fulfil the dreams of thousands of people,” the SBI Chief General Manager, Mr Bhaskar Niyogi, said.

Published on July 21, 2011
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