Godrej Properties has announced the launch of a new real estate project named 'Godrej Aqua', on the International Airport Road in Bangalore. The project gets its name from its efforts to recycle most of the water on site, using advanced technologies, and promises to offer drinking water straight from the tap. The project will offer two- and three-bedroom apartments with carpet areas ranging from 69 to 116 sqm, and a total of 540 flats in nine towers of nine floors each. Possession has been promised in the year 2021 and the starting price is ₹56.82 lakhs per unit. The project will be spread across 7.19 acres, out of which 2.5 acres will be dedicated to greenery. The Godrej Aqua will offer saleable area of approximately 72,918 sqm. The Airport Road, also known as Bellary Road, is considered a premium residential area, with many developers launching projects in recent years. It is accessible to Hebbal, Yelahanka and Devanahalli, which are homes to many industrial and IT establishments. Unlike other areas, the region is also relatively less expensive for acquiring land, which is an added incentive for developers. Besides Godrej, players like Prestige and Puravankara also have projects in the region. Godrej Properties, which was focused almost entirely on its home market till a few years ago, currently has 17 projects at various stages of implementation in Bangalore.
📅Published on:
25 January 2019
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