Godrej Properties to develop a new residential project in Whitefield, Bangalore
One of India’s top real estate developers Godrej Properties Ltd. (GPL) has entered into an outright transaction to buy a well-located land parcel in Whitefield, Bangalore. The project is spread across approximately 18 acres. Besides that, it will offer 2.4 million square feet of a saleable area comprising primarily of residential apartments of different configurations.
Whitefield is one of the largest commercial and residential real estate markets in Bangalore.
This location is near the proposed metro line connecting Whitefield to Hopefarm Junction. Furthermore, this site is well located and also offers a developed social and civic infrastructure. It includes multiple schools, hospitals, retail, residential, and commercial spaces nearby.
Pirojsha Godrej, Executive Chairman, Godrej Properties said “We are happy to add this new project in Bangalore. Bangalore is a key market for us and this project fits well with our strategy of deepening our presence across the country’s leading real estate markets”.
In recent years, Godrej Properties has been awarded over 250 awards and recognitions.
