Godrej Properties Ltd., the real estate development arm of the Godrej Group, announced the launch of its residential project, Godrej E-City, in Electronic City Phase-1, Bengaluru. Spread over approximately 15 acres, this project will be launched in three phases.
Phase 1 will consist of eight 5-storey buildings and offer about 280 homes across 3.6 lakh sq. ft. Customers can choose from 2, 2.5 and 3 bedroom hall kitchen apartments, ranging from 964 sq. ft. to 1,625 sq. ft. at prices starting from about Rs 37 lakh. The entire development is expected to have approximately 800 apartments across 1 million sq. ft. of real estate, said a press release issued by the company.
The location offers excellent connectivity due to its close proximity to NICE Road and the Elevated Expressway on Hosur Road. Major junctions like Sarjapur / ORR and Silk board can be easily accessed through the well developed road network. Furthermore, major IT/ITes/Industrial work places like Infosys, Wipro, TCS, HCL, Bomassandra industrial area and Sipcot Industrial area, are located in the vicinity thereby making the location a vibrant economic hub for Bengaluru.
As is the case for almost all Godrej Properties’ projects, Godrej E-City is also being developed through a partnership model. The project will be developed by Universal Builders and Godrej Properties will act as development manager.
