You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

Godrej Properties adds new project in Bangalore

Capital Market 

Godrej Properties today announced that it has entered into an outright transaction to purchase a well located land parcel in Sarjapur, Bangalore.

The announcement was made before market hours today, 13 October 2020. Shares of Godrej Properties fell 1.02% to settle at Rs 902.90 yesterday.

Spread across approximately 15 acres, this project will offer approximately 0.15 million square meters (1.6 million square feet) of potential saleable area comprising of residential apartments of various configurations.

Sarjapur has established itself as one of the most preferred residential locations in Bangalore with good connectivity to Outer Ring Road and several other key hubs of Bangalore. The site is strategically located and offers an extremely well developed social and civic infrastructure with multiple schools, hospitals, retail, residential, and commercial spaces in close proximity.

Pirojsha Godrej, Executive Chairman, Godrej Properties said, Bangalore is a key market for the company and this project addition fits well with its strategy of deepening presence across the country's leading real estate markets.

Godrej Properties is engaged in construction and real estate development.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, October 13 2020. 08:39 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU