The project
will be spread over 5 acres, with about 1 million square feet of saleable area
NEW DELHI: Real estate
developer Godrej Properties has
entered into a development management agreement with Shivam Realty to develop a housing project at Kandivali East in Mumbai, according to a regulatory filing today.
The project, located off the Akurli cross road at Hanuman Nagar, will be spread over 5 acres, with about 1 million square feet of saleable area.
“This strengthens our development portfolio in Mumbai and fits with our strategy of deepening our presence in key markets across India's leading cities," said Pirojsha Godrej, Managing Director & CEO, Godrej Properties.
The Mumbai-based real estate developer recently also announced its plan to develop a new residential project on a 7.5 acre land in north Bengaluru.
The project on Bellary Road (NH-7) will be of around 8 lakh sq ft.
The project, located off the Akurli cross road at Hanuman Nagar, will be spread over 5 acres, with about 1 million square feet of saleable area.
“This strengthens our development portfolio in Mumbai and fits with our strategy of deepening our presence in key markets across India's leading cities," said Pirojsha Godrej, Managing Director & CEO, Godrej Properties.
The Mumbai-based real estate developer recently also announced its plan to develop a new residential project on a 7.5 acre land in north Bengaluru.
The project on Bellary Road (NH-7) will be of around 8 lakh sq ft.
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