Godrej Properties Ltd has entered into a joint development arrangement for a premium residential project on a 2.5-acre land parcel in Marine Lines, one of South Mumbai’s most valuable micro-markets. The company said the project is expected to generate about Rs 6,000 crore in revenue, underscoring continued demand for high-end housing in tightly supplied urban cores.
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"Godrej Properties Enters JV for Rs 6,000 Crore Luxury Project in Mumbai’s Marine Lines"
Godrej Properties Ltd has entered into a joint development arrangement for a premium residential project on a 2.5-acre land parcel in Marine Lines, one of South Mumbai’s most valuable micro-markets. The company said the project is expected to generate about Rs 6,000 crore in revenue, underscoring continued demand for high-end housing in tightly supplied urban cores.
Godrej Properties Enters JV for Rs 6,000 Crore Luxury Project in Mumbai’s Marine Lines
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (03:11 AM IST)•5 min read
Godrej Properties Ltd has entered into a joint development arrangement for a premium residential project on a 2.5-acre land parcel in Marine Lines, one of South Mumbai’s most valuable micro-markets. The company said the project is expected to generate about Rs 6,000 crore in revenue, underscoring continued demand for high-end housing in tightly supplied urban cores.
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