Godrej Properties, TDI Group to jointly develop a luxury residential project in Delhi

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Biznextindia : Real estate developer Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), on Monday announced that it has entered into a Joint venture with TDI group to develop an ultra-luxury residential project in Connaught Place, one of the most premium location within the Central Business District of New Delhi.

The project is estimated to have a developable potential of approximately 125,000 square feet saleable area comprising primarily of residential apartments of various configurations.

The site is centrally located and offers excellent connectivity, well developed social and civic infrastructure with Delhi’s best schools, hospitals, retail and commercial spaces in close proximity.

“As we continue to strengthen our presence in Delhi, we are happy to add this project in one of downtown Delhi’s most desirable locations. This will be our third project in Delhi and further expands our presence across India’s leading cities” Mohit Malhotra, MD & CEO, Godrej Properties, said.

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