Godrej Properties provides new challenge at Sarjapur, Bengaluru

Godrej Properties, which is a part of enterprise conglomerate Godrej group, on Tuesday stated it has purchased about 15 acre land in Bengaluru to develop a housing challenge.

The corporate stated that “it has entered into an outright transaction to buy a properly situated land parcel in Sarjapur, Bengaluru”

Godrej Properties didn’t disclose the deal worth in addition to the title of the vendor within the regulatory submitting.

Unfold throughout roughly 15 acres, this challenge will provide round 1.6 million sq. toes of potential saleable space comprising of residential residences of assorted configurations.

Pirojsha Godrej, Government Chairman, Godrej Properties stated, “Bengaluru is a key marketplace for us and this challenge addition suits properly with our technique of deepening our presence throughout the nation’s main actual property markets.”

The corporate stated the location is strategically situated and affords a well-developed social and civic infrastructure with a number of colleges, hospitals, retail, residential and business areas in shut proximity.

Subscribe to Mint Newsletters

* Enter a legitimate e mail

* Thanks for subscribing to our publication.

Supply hyperlink