Godrej Properties Executed 14 acre JV Deal in Thane, Mumbai with Nirmal Ventures

Godrej Properties Partners with Nirmal Ventures for the Thane Project. Godrej Properties, a leading real estate developer, has announced a joint venture in Thane, Mumbai with Nirmal Ventures for a new residential project in Thane, Mumbai. This JV Deal in Thane, Mumbai has 14 acre land parcel.

• Project Highlights:

  • Location: Lal Bahadur Shastri Marg (LBS Marg), Thane
  • Land Area: 14 acres
  • Developable Area: Approx. 1,95,000 sq mtr (estimated 2.1 million sq ft)
  • Project Type: Residential apartments with a small retail component

• Significance:

  • Strengthens Godrej Properties’ presence in the key Thane market
  • Aligns with their strategy of expanding in leading Indian cities

• Project Details:

  • Developed under a development management agreement
  • Will offer a variety of apartment configurations to cater to diverse needs

Overall, this joint venture signifies Godrej Properties’ continued investment in the Mumbai residential market and their commitment to offering a variety of housing options.