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The Mumbai-based real estate developer Godrej Properties added a new residential project in Sector 79, Gurgaon to its development portfolio. This will be the company’s fifth project in NCR.
The land parcel measures 17.4 acres and the project will be developed as a premium residential housing project. The expected saleable area in the project is 1.6 million sq. ft.
The project will be developed by Godrej Properties through the residential investment platform that Godrej Properties established in FY13. This is the third project added through this platform.
Pirojsha Godrej, Managing Director & CEO, Godrej Properties, said: “We are happy to add this new project in Gurgaon through our residential investment platform. This project fits well with our strategy of building our presence through projects in superior locations across the country.”
The real estate development arm of the Godrej Group is currently developing residential, commercial and township projects spread across 102 million square feet in 12 cities.
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