The Mumbai based real estate developer enters into a partnership to develop a new residential project in Joka, Kolkata
Godrej Properties Ltd, the real estate development arm of Godrej Group, has entered into a new deal to develop a residential project at Joka, in South Kolkata, West Bengal, a company release said. The proposed project will offer approximately 277,000 square metres (3 million sq. ft) of saleable area and will be developed as a modern residential development.
The location is connected to all key areas in Kolkata including Alipore, Park Street, Salt Lake and Tollygunge. The project will also benefit from the proposed infrastructure developments in the area like the Joka metro station.
Pirojsha Godrej, Managing Director and CEO, Godrej Properties Ltd, said, “We are very happy to add a large new project in Kolkata to our portfolio. This fits well with our strategy of adding quality residential projects across India’s leading real estate markets.”
GPL is currently developing residential, commercial and township projects spread across 9.9 million square meters (107 million sq. ft) in 12 cities across India.