Godrej properties adds a new residential project in Bangalore

Realty developer Godrej Properties has entered into a Development Management Agreement (DMA) with Manyata Developers to develop a group housing project in East Bangalore. This will be Godrej Properties’ fourteenth project in Bangalore, the company said in a release. “We are happy to add this new project in Bangalore. Bangalore is a key market for us and this project fits with our strategy of deepening our presence across the country's leading real estate markets,” said Pirojsha Godrej, Executive Chairman, Godrej Properties. The first phase of the project is spread over 16 acres and will offer around 1.35 million sq ft saleable area. The total project is expected to offer around 4.7 million sq ft spread over 53 acres. The project will be developed as a modern residential development comprising of apartments of various configurations.