Godrej to develop residential project in Bengaluru

NEW DELHI: Real estate developer Godrej Properties is planning to develop a new residential project on a 7.5 acre land in north Bengaluru.

The project on Bellary Road (NH-7) will be of around 8 lakh square feet, the company said in a BSE filing.

Bangalore is a key market for us and this project addition fits with our strategy of expanding our presence in the city,” said Pirojsha Godrej, MD & CEO, Godrej Properties.

The company has been aggresive in its expansion plans despite the overall slowdown in the sector.

It is actively looking at tapping the the complete Delhi-NCR market with new residential projects in Delhi, Faridabad and Ghaziabad in the near future.

The projects could be in the form of plotted development, group housing or villa development.

Credits ET Realty

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