In a recent development, Godrej properties, the real estate arm of the Godrej group has announced its partnership with a Pune based developer to develop six new projects in various segments across different locations of the city. These projects include plotted development, housing projects, mixed-land use development, and integrated township projects.
According to the company’s press release, Godrej properties and the partnership firm will develop all these projects over 300 acres of land situated in the east, and west Pune.
The group will develop these projects in multiple phases in a span of 10 years and the total saleable area will be over 25 million sq ft.
Speaking on the partnership and the projects, Pirojsha Godrej, Executive Chairman, Godrej Properties said, “This single partnership will dramatically enhance our presence in the Pune’s real estate market, cementing our presence across key growth areas within the city. We believe this sets us up well to establish a leadership position in Pune’s residential market and fits perfectly with our strategy of growing our business across the country’s leading real estate markets.”
In order to strengthen their presence across the country, Godrej properties have announced various residential developments across cities like Pune, Noida, and Gurgaon etc. The group is known for developing homes that are not only superior in quality but also comes with cutting-edge design and innovative and modern technology.
The company is currently developing residential, commercial and township projects in 12 cities that are spread over 14 million sq.mts of area.