Godrej Properties has entered into a profit sharing agreement with Godrej & Boyce to develop residential projects in Hyderabad and Thane. Under the agreement, Godrej Buildcorp will develop a 9.16 acre at Moosapet, Hyderabad. The developable area will be nearly 20 lakh square feet. In this project, Godrej Properties will get 35%t of the profit generated from the project.
Godrej Property Developers will develop 3 acres at Thane, where the sale area will be nearly 2.6 laks sq ft. In this project, Godrej Properties' profit share will be 32%t of the profits generated from the project.
Mr. Pirojsha Godrej, ED (Executive Director), Godrej Properties, said, "We are very happy to have entered into two Limited Liability Partnership with Godrej & Boyce. These are the second and third developments after our project, The Trees, in Mumbai that we will do in partnership with one of our Group companies. We look forward to additional future opportunities to partner with our Group companies. "
About Godrej Properties..!
Established as Godrej Properties Ltd. in 1990
One of the first real estate companies to have obtained an ISO certification
Projects in 11 cities across India
Upcoming development of 83 million square feet
Prime locations, good value, excellent construction, efficient support
Collaboration with outstanding associates
Godrej Property Developers will develop 3 acres at Thane, where the sale area will be nearly 2.6 laks sq ft. In this project, Godrej Properties' profit share will be 32%t of the profits generated from the project.
Mr. Pirojsha Godrej, ED (Executive Director), Godrej Properties, said, "We are very happy to have entered into two Limited Liability Partnership with Godrej & Boyce. These are the second and third developments after our project, The Trees, in Mumbai that we will do in partnership with one of our Group companies. We look forward to additional future opportunities to partner with our Group companies. "
About Godrej Properties..!
Established as Godrej Properties Ltd. in 1990
One of the first real estate companies to have obtained an ISO certification
Projects in 11 cities across India
Upcoming development of 83 million square feet
Prime locations, good value, excellent construction, efficient support
Collaboration with outstanding associates
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