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Godrej Properties Ltd has partnered NCR-based Lotus Greens to develop a 4 million sq. ft. residential project, the company said in a statement on Monday.
With this, the Mumbai-based builder will enter Noida market through a development management agreement for a residential group housing project within Lotus Greens Sports City in Sector 150, Noida.
Spread over 36 acres, the project site is within the 300-acre integrated sports city township being developed by Lotus Greens.
This is Godrej Properties’ first project in Noida and sixth in NCR, the statement added.
Pirojsha Godrej, Managing Director & CEO, Godrej Properties, said, “We have seen a strong growth in the scale of our operations in NCR and look forward to building on this momentum through our entry into Noida, which is one of the country's leading real estate markets."
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