New Delhi: Realty company Godrej residences has partnered with AR Landcraft to increase a a hundred acre township mission in greater Noida.
Godrej houses stated in a submitting to the BSE that it has entered the extra Noida actual property marketplace.
The Mumbai-based developer has partnered with AR Landcraft LLP to increase a a hundred acre challenge within the metropolis, it delivered.
Godrej homes, the actual property arm of the Godrej organization, plans to expand a golfing centric township in this land parcel with a saleable location of approximately 4 million rectangular ft.
that is company’s first undertaking in greater Noida and 7th within the national Capital location (NCR).
“greater Noida is an critical a part of the NCR marketplace and this task addition suits properly with our strategy of deepening our presence across the united states of america’s leading real estate markets,” MD and CEO Pirojsha Godrej said.
In January, Godrej houses had announced its access into the Noida real property marketplace in tie up with a local developer Lotus greens.
The agency might increase a housing undertaking unfold over 36 acres with a saleable region of four million square feet.
At gift, Godrej houses is growing residential, industrial and township tasks spread throughout about 119 million square feet in 12 towns.
The enterprise had posted a 21 per cent increase in consolidated internet income at Rs 231.10 crore in monetary 12 months 2015-sixteen as towards one hundred ninety.nine crore inside the previous monetary year.
income from operations rose 43 consistent with cent to Rs 2,633.96 crore ultimate economic 12 months as compared with Rs 1,843.09 crore in 2014-15.