Godrej Properties Ltd, on September 24, 2018, announced the expansion of its residential portfolio in the National Capital Region (NCR), with the addition of a new luxury residential project in Noida, in the centrally-located Sector 43. This project will offer approximately 0.2 million sq metres (2.2 million sq ft) of saleable area and will be developed as a premium group housing development in Sector 43, in close proximity to the Noida Golf Course.
Godrej Properties will develop this project, in partnership with the Shipra Group, a prominent real estate owner and developer in north India, with interests in both, residential and commercial projects. This would be Godrej Properties’ fourth project in Noida and 13th within the NCR. Speaking about the new project, Pirojsha Godrej, executive chairman, Godrej Properties, said, “We are happy to add this new project, in an outstanding location in Noida. This strengthens our development portfolio in the NCR and fits well, with our strategy of deepening our presence across India’s leading cities. We will seek to create a development that delivers a great experience for its residents.”