A plot of land measuring around 14.8 acres has been acquired by the Godrej Properties in sector 106 of Gurgaon. The plan of the company is to construct a residential project of approximately 1.5 million square feet for high-end homebuyers on this plot of land.
The location of the project is an upcoming one in Gurgaon. This new residential project will be developed with Godrej Residential Investment Program II being in partnership.
The company is really happy to develop the residential project in Gurgaon. The strategy of the company is to become known in all the leading realty markets of the country and this residential project complements the strategy well.
The company has announced on Monday that it is adding two new residential projects in Gurgaon and Bangalore. When combined, both the projects will provide a total of 1.65 million square feet of area which will be saleable.
Currently, Godrej Properties is developing various projects in commercial, township and residential segments in 12 cities.