Godrej Prop in Rs.2,000 crore Bangalore plan

[idlebrain]

Bangalore: After Mumbai and Pune, Godrej Properties is betting big on the Bangalore real estate market.

Godrej Industries’ real estate arm has lined up Rs 2,000 crore of investments for developing five projects over 30 million square feet (sft) in Bangalore.

These projects will be a mix of residential and commercial ventures and would be developed in partnership with other investors. The company has already launched its 2 million sft residential project — Woodsman Estate — and will soon start its second one, which is joint venture with late actor Feroze Khan and his son Fardeen Khan for gated villas.



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http://www.dnaindia.com/money/report_go ... an_1350170