Oasis Buildhome enters into 14 acre JV Deal in Gurgaon with Godrej Properties

Oasis Buildhome enters into 14 acre JV Deal in Gurgaon with Godrej Properties

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11 year(s) ago

Godrej Properties Expands Gurgaon Portfolio with New Premium Housing Project. Godrej Properties continues its expansion in Gurgaon with a new development agreement for a premium residential project. Oasis Buildhome enters into a 14-acre JV Deal in sector 88A/89A Gurgaon with Godrej Properties to develop a residential project in Gurugram.

Project Highlights:

  • Developer: Godrej Properties
  • Partner: Oasis Buildhome (landowner)
  • Location: Sector 88A/89A, Gurgaon (Northern Periphery Road)
  • Land Area: 13.76 acres
  • Project Type: Premium residential group housing
  • Saleable Area: Expected to be 1.2 million sq ft

Significance:

  • This marks Godrej Properties’ third project in Gurgaon, signifying their focus on this key market.
  • The project aligns with their strategy of expanding presence in leading Indian real estate markets.
  • The developer aims to replicate the success of their previous Gurgaon projects (Godrej Frontier and Godrej Summit) with this new venture.

NCR Growth:

  • Godrej Properties identifies the National Capital Region (NCR) as a significant growth area.
  • This is their second new project announcement in NCR for FY14.

Industry Trend:

  • Joint ventures are becoming a common strategy for Godrej Properties, as seen in most of their projects.

Quote:

  • Pirojsha Godrej, Managing Director & CEO, Godrej Properties, highlights the importance of NCR and their aim to replicate past successes in Gurgaon.

Additional Information:

  • Godrej Properties is also developing a residential project in Okhla, New Delhi.

This news indicates Godrej Properties’ commitment to establishing a strong presence in Gurgaon’s premium residential market. The project’s location, size, and focus on quality suggest it could be a significant addition to the city’s real estate landscape.

 

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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