Epic Research Update : Godrej Properties

Godrej Properties (GPL), the real estate development arm of the Godrej Group, has entered into an LLP to develop a residential township project in North Bengaluru. The project, spread across 100 acres, will offer a potential saleable area of approximately 0.87 million square meters (9.4 million square feet) though its proximity to the new international airport may lead to a reduced consumption of FSI. As with most GPL projects, this project will be developed as a profit sharing partnership.

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