Godrej Properties signs JV for Mumbai project

Project, which has saleable area of 0.77 millions sq ft, will be developed as premium residential group housing project

Godrej Properties the real estate development arm of the Godrej Group, has entered into a joint venture with Ador Group, to develop a 6.7-acre land parcel located at Bhandup area of Mumbai.

The project, which has a saleable area of 0.77 millions sq ft, will be developed as a premium residential group housing project, the company said.

The company has not disclosed the revenue sharing details between the two.