Godrej Properties Enters into Joint Venture deal in Electronics City, Bengaluru with Lahari Music Group

Godrej Properties Enters into Joint Venture deal in Electronics City, Bengaluru with Lahari Music Group

Godrej Properties Partners with Lahari Music Group for Residential Project in Bangalore. Godrej Properties Limited (GPL) has announced a joint venture with the promoters of Lahari Music Group to develop a residential project in Electronic City, Bangalore. Godrej Properties Enters into a Joint Venture deal in Electronics City, Bengaluru with Lahari Music Group to develop 17 acre land parcel in Electronic City Phase 1 near the Wipro campus.

Project Details:

• Land Area: 17 acres (with potential expansion to 24 acres)
• Location: Electronic City Phase I, abutting Wipro Campus
• Project Size: Approximately 1.3 lakh sq m (1.4 million sq ft) with potential expansion to 2 million sq ft
• Project Type: Modern residential housing

Project Highlights:

• Located in Electronic City, a fast-growing market with upcoming infrastructure and real estate projects.
• Excellent connectivity to key locations like Wipro campus, other major IT companies, Electronic City flyover, and metro station.
• Seventeenth project for Godrej Properties in Bangalore.

Significance:

• This project strengthens Godrej Properties’ presence in Bangalore’s residential market.
• The strategic location caters to the demand for housing near major IT hubs.
• The potential expansion reflects confidence in the Electronic City market’s growth.

This news indicates Godrej Properties’ strategic move to capitalize on Electronic City’s booming residential market. The project’s proximity to IT companies and good connectivity make it an attractive option for potential residents.

 

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