Godrej Properties has planned to develop one more residential project on Bellary Road (NH-7) in Bengaluru. The project is spread over 7.5 acres of land and at the close proximity of commercial and industrial areas of Hebbal, Yeshwantpur, and Devanahalli.
The plan is to build residential apartments in the area of around 8 lakh sq. ft. with world class amenities including many outdoor activities like a wave pool, snorkelling, Koi Pond and golf putting. The project is well connected to outer ring road, international airport and the central business district. The company has not revealed the forms of this project which can be plotted development, group housing or villa development.
Godrej Properties has been really active at the time of observed slowdown in the real estate sector. The company is also expected to leave a well-versed mark in Delhi-NCR market with the launch of many new residential projects in Delhi, Faridabad and Ghaziabad.
“Bangalore is a key market for us and this project addition fits with our strategy of expanding our presence in the city,” says Pirojsha Godrej, MD & CEO, Godrej Properties.