Godrej Properties Signed JV Deal in Kolkata, Joka

Godrej Properties Signed JV Deal in Kolkata, Joka

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9 year(s) ago

Godrej Properties Expands Kolkata Portfolio with New Residential Project in Joka. Godrej Properties Limited (GPL), a leading real estate developer, has announced a new residential project in Joka, Kolkata. Godrej Properties Signed JV Deal in Joka, Kolkata for a Residential Project with the local landowner.

Project Highlights:

  • Project Size: Approximately 277,000 sq m (3 million sq ft) of saleable area
  • Location: Joka, South Kolkata
  • Project Type: Modern residential development
  • Connectivity: Excellent access to key areas like Alipore, Park Street, Salt Lake, and Tollygunge
  • Development Model: Profit-sharing model (typical for GPL projects)

Project Advantages:

  • Benefits from the area’s developing social infrastructure.
  • Improved accessibility due to planned infrastructure projects like the Joka metro station.

Significance:

  • Strengthens Godrej Properties’ presence in the Kolkata real estate market.
  • Aligns with their strategy of developing quality residential projects in major Indian cities.

Quote:

  • Pirojsha Godrej, Managing Director & CEO, Godrej Properties: “We are very happy to add a large new project in Kolkata to our portfolio…”

This news indicates Godrej Properties’ continued investment in the growing Kolkata market. The project’s strategic location, focus on connectivity, and modern design make it a promising development for potential homebuyers in Joka.

 

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

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