Godrej plans multiple projects across NCR

Adding to its project portfolio in the real estate sector, Godrej Properties has recently decided to build multiple projects in NCR areas including Gurgaon, Faridabad, and Delhi, informed Executive Director, Godrej Properties, Mohit Malhotra, adding that the upcoming projects could be in the form of plotted development, group housing or villa development. It may be recalled that the Mumbai-based developer has already its presence in the Delhi-NCR market with one project each in Noida, Greater Noida, and Gurgaon, and is currently scouting land parcels of a minimum size of 25-50 acres in cities such as Bangalore, Delhi-NCR, Pune, and Mumbai, to enter the plotted land development business. The first plotted development project might come up in Bengaluru. It is also in the process of forming joint ventures with land owners or purchasing land in partnership with its investors for developing projects, he claimed.

Published: 20 February 2017