Godrej Properties inks joint venture with Oasis Buildhome to build premium housing project in Sector 88A / 89A, Gurgaon
Real estate firm Godrej Properties has entered into an agreement with Oasis Buildhome, which owns nearly 13.76 acre of land in Gurgaon, to develop a premium housing project.
This would be the fourth project of Godrej Properties, which is part of realty arm of Godrej Group, in the national capital region (NCR).
Godrej Properties has entered into a development agreement with Oasis Buildhome Pvt Ltd to develop a 13.76 acre property situated on Northern Periphery Road (NPR) in Sector 88A/89A, Gurgaon.
The project would be developed as a premium residential group housing project and is expected to offer 1.2 million sq ft of saleable area.
Godrej Properties is currently developing two residential projects in Gurgaon - Godrej Frontier and Godrej Summit, and has recently added a new project in Okhla in the national capital where it plans to undertake a premium housing project.
As with most Godrej Properties projects, this project is being done as a joint venture.
NCR is an important growth market for Godej Properties and this is the second new project it has entered in NCR in FY14.
The project fits well with the company's strategy of growing its presence in India's leading real estate markets.
Godrej Properties is currently developing residential, commercial and township projects spread across 87.6 million square feet in 12 cities.
Real estate firm Godrej Properties has entered into an agreement with Oasis Buildhome, which owns nearly 13.76 acre of land in Gurgaon, to develop a premium housing project.
This would be the fourth project of Godrej Properties, which is part of realty arm of Godrej Group, in the national capital region (NCR).
Godrej Properties has entered into a development agreement with Oasis Buildhome Pvt Ltd to develop a 13.76 acre property situated on Northern Periphery Road (NPR) in Sector 88A/89A, Gurgaon.
The project would be developed as a premium residential group housing project and is expected to offer 1.2 million sq ft of saleable area.
Godrej Properties is currently developing two residential projects in Gurgaon - Godrej Frontier and Godrej Summit, and has recently added a new project in Okhla in the national capital where it plans to undertake a premium housing project.
As with most Godrej Properties projects, this project is being done as a joint venture.
NCR is an important growth market for Godej Properties and this is the second new project it has entered in NCR in FY14.
The project fits well with the company's strategy of growing its presence in India's leading real estate markets.
Godrej Properties is currently developing residential, commercial and township projects spread across 87.6 million square feet in 12 cities.
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