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Godrej Properties to develop residential apartments in Chembur [5th Oct 2010, Financial Chronicle]

 
The real estate arm of the Godrej Group, Godrej Properties, today said it has RELATED ARTICLES. Godrej Properties to enter Chennai’s property market finalised a property in Chembur suburb for developing residential apartments.

The project has an estimated development potential of approximately 1,50,000 sq ft and it would be developed under the joint venture model with Bombay Footwear, a company press release said here.

The project location offers excellent connectivity to all key Mumbai business districts, as well as to the international and domestic airports, it said, adding it also boasts of well-developed social, educational and entertainment infrastructure.

"We have completed several high-end residential projects within Mumbai and we now look forward to adding this Chembur development to the list," Godrej Properties' Executive Director Pirojsha Godrej said.

This new project is in line with the company's strategy of strengthening its presence in the Mumbai market.

 

 
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