Realty player Godrej Properties today launched a mixed-use development project 'The Trees' at Vikhroli in the megapolis.
Spread across 34 acres, the mixed-use development project contains a commercial precinct spread across 9.4 acres, which houses Godrej One and the Godrej Group's global headquarters, the company said in a statement.
The central mixed use precinct, spread over 9.2 acres, will comprise a 5-star luxury hotel, cultural buildings, luxury residential, and a high street retail park.
The more private luxury residential precinct spreadacross 6.7 acres, which is now open for sale,will house a community of residential buildings with private parks and clubhouse facility, it said.
"Vikhroli has been integral to the Godrej Group's history and it is our hope to transform it into a fully integrated city-within-a-city that offers its residents the highest quality of urban life", Godrej Properties Managing Director and CEO Pirojsha Godrej said.
The first phase of residences in the project contains a total of 374 apartments with a saleable area of around 5 lakh sqft.
"We have collaborated with renowned architects and engineering consultants to design this visionary project. Sasaki Architects, the master planners for The Trees, have developed several projects including the Beijing Olympics Masterplan", he said.
"Pelli Clarke Pelli Architects, the lead architects for Godrej One, are well known for designing architectural icons such as Petronas Towers in Kuala Lumpur. Perkins Eastman are the principal design architects for the residences", Godrej added.