Infrastructure sector projects by Godrej Properties Limited in Pune
Project Information
5905
Godrej Properties Limited
Godrej Properties today said it has entered into a joint venture with two local firms to develop a premium housing project in Pune.
Godrej Properties, the real estate arm of Godrej Group, would get 35% profit from the 43-acre JV project.
"Godrej Properties Ltd (GPL) has entered into a partnership to develop a residential project in Mundhwa, Keshavnagar, Pune," the company said in a statement.
The project would have about 2.8 million sqft of saleable area, it added.
"Like most Godrej Properties projects, this is a joint venture project, with GPL getting 35% of the profits from the project," the company said.
According to sources, the JV has been formed with realty firms Oxford group and Ekta World, which own the land. Oxford Group is based in Pune while Ekta World is Mumbai-based.
Project Value
Refer document
JV Agreement Signed
Pune
Maharashtra
India
Infrastructure
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