Godrej Properties adds a new project in Mumbai
The Mumbai-based real estate developer will develop a residential project in Chandivali, Mumbai
Godrej Properties Ltd., one of India’s leading real estate developers, announced that it has entered into an agreement to purchase land in the upcoming & fast developing micro-market of Chandivali, Mumbai.
Spread across approximately three acres, this project will offer 41,800 square meters (0.45 million square feet) of saleable area comprising primarily of residential apartments of various configurations with a small amount of retail space.
Situated in close proximity to the bustling suburb of Powai, Chandivali is one of the preferred residential locations in Mumbai. The site is strategically located and offers an extremely well developed social and civic infrastructure with multiple schools, hospitals, retail, residential, and commercial spaces in close proximity.
Pirojsha Godrej, executive chairman, Godrej Properties said, “We are happy to add this new project in Chandivali, which fits well with our strategy of deepening our presence in key markets across India's leading cities. We will seek to ensure this project delivers an outstanding lifestyle for its residents.”