Godrej Properties and Hero Cycles Signs Commercial Joint Venture Deal in Gurugram

Godrej Properties and Hero Cycles Signs Commercial Joint Venture Deal in Gurugram

Godrej Properties and Hero Cycles sign a joint venture deal for a Commercial Project in Gurugram. Godrej Properties has announced a joint venture with Hero Cycles Limited to develop a commercial complex in Gurugram, marking their entry into the National Capital Region’s commercial real estate market.

Project Highlights:

• Location: Golf Course Road, Gurugram
• Land Area: 4 acres (owned by Hero Cycles)
• Project Size: 1 million sq ft of office and retail space
• Building Structure: 4 basements with 21 floors
• Amenities: Retail spaces, offices, shops, restaurants, food court, event spaces, indoor games, etc.
• Project Stage: Early stage of Environmental Clearance
• Completion Timeline: Expected in 3 years

Significance:

• Godrej Properties’ first commercial project in NCR.
• Hero Cycles monetizes its land holdings.
• Project to be a landmark development in NCR.

 

Overall, this joint venture brings together Godrej Properties’ development expertise and Hero Cycles’ prime land parcel to create a significant commercial project in Gurugram.

 

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in