Infrastructure,Infrastructure sector projects by Godrej Properties Limited in
Project Information
5665
Godrej Properties Limited
The realty arm of the Godrej Group plans to develop a project at Mundhwa, Pune, through a special purpose vehicle. It has proposed to invest up to Rs. 100 crore in this SPV from internal accruals and borrowed funds.
It also plans to invest up to Rs. 100 crore in another project at village Khanawale, Panvel and village Talegaon, Khalapur to be developed through a special purpose vehicle.
In another proposal, Godrej Properties sought shareholders nod to invest up to Rs. 45 crore in an upcoming project at Kanchipuram District, Tamilnadu.
That apart, it has sought approval for pumping in up to Rs. 70 crore in a project to be developed near Bengaluru International Airport.
Godrej Properties has also sought nod for an additional investment of upto Rs. 200 crore in an ongoing project at Kolkata. In May 2010, shareholders had approved Rs. 250 crore investment in subsidiary Happy Highrises for constructing this project.
The company has proposed to make an additional investment of up to Rs. 50 crore in an ongoing project at Bengaluru.
Project Value
INR 600 Crore /-
Conceptual Stage
Not Specified
India
Infrastructure,Infrastructure
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