Godrej to Build 5-acre Project with Shivam Group in Mumbai

Mumbai-based real estate developer, Godrej Properties has signed a development management agreement with Shivam Realty to work on a housing project at Kandivali East in Mumbai, confirmed in a regulatory filing.

The project is located off Akurli cross road at Hanuman Nagar and planned to offer 1, 2 and 2.5 BHK apartments with world class amenities such as the state-of-the-art gym, steam & sauna, landscape garden. It is spread over 5 acres of land with about 1 million sq. ft. of saleable area.

“This strengthens our development portfolio in Mumbai and fits with our strategy of deepening our presence in key markets across India’s leading cities,” says Pirojsha Godrej, Managing Director & CEO, Godrej Properties.

Recently, Godrej Properties has announced to develop a new residential project on a 7.5-acre land at Bellary Road in Bengaluru with a saleable area of 8 lakh sq.ft.

Shivam Group has three decades of experience in properties with many landmark projects such as Godrej Coliseum, Shivam Leela Baug and Shivam Sterling Heights.

Source: ET Realty

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