Godrej
Properties Ltd (GPL), the real estate development arm of the Godrej Group, has
entered into a partnership with SSPDL Green Acres LLP to develop a residential
project at Padur, Old Mahabalipuram Road (OMR), near Siruseri IT Park, in
Chennai.
The proposed
project, spread above 7 acres, will offer approximately 93,000 square meters
(10 lakh sqaure feet.) of saleable area and will be developed as a modern group
housing residential development comprising 1
BHK, 2 BHK and 3 BHK apartments.
Like many
other Godrej Properties' projects, this project is being developed through the
profit sharing model.
The
location offers excellent connectivity to all key areas in Chennai including
the East Coast Road (ECR) and Grand Southern Trunk (GST) road.
The project
will also benefit from the rapidly developing social infrastructure &
Information Technology (IT) zones
surrounding it. Furthermore, proposed
infrastructure developments like the expressway from Taramani & improved
train connectivity are expected to provide impetus to the growing real estate
environment of OMR.
Mr.
Pirojsha Godrej, MD & CEO, Godrej Properties said, “We are happy to add our
second project in Chennai. This new deal fits well with our strategy of adding
quality residential projects across India’s leading real estate markets. "
Chennai Office
Godrej Properties
Godrej Properties
Marketing: +91 9841427176,
+91 8939960055, +91 8939944700, +91 8939930930
+91 8939960055, +91 8939944700, +91 8939930930
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