GODREJ LAUNCHES MIXED-USE REALTY PROJECT IN VIKHROLI

Godrej Properties has launched a mixed-use development project spread over 34 acres in Mumbai’s Vikhroli suburb. sThe project will include commercial development spread across 9.4 acres including Godrej One and the Godrej Group's global headquarters that has already been developed. The central mixed-use zone, spread over 9.2 acres, will comprise a 5-star luxury hotel, cultural buildings, luxury residential and retail space, the developer said in a statement. The residential development will be spread over 6.7 acres and the first phasewillhaveasaleablearea of 5 lakh sq.ft. This is one of Mumbai’s largest real estate projects and the first step towards the larger development opportunity in Vikhroli, the company said.

Godrej Properties sells 300 apartments in flagship project in first week

Godrej Properties’ most successful ever launch in terms of value of real estate sold."

The value of apartments sold is in excess of 700 crores making this Godrej Properties' mostsuccessfuleverlaunchintermsofvalue of real estate sold

Godrej Properties, the real estate development arm of the Godrej Group, today announced that it has sold 300 apartments within one week at The Trees, its flagship project in Vikhroli, Mumbai. This represents more than 80% of the 374 apartments it opened for sale in the first phase of this project. "The value of apartments sold is in excess of 700 crores making this

It saidThe Trees mixed-use development contains a commercial phase spread across 9.4 acres, which houses Godrej One, the Godrej Group’s global headquarters.

The central mixed use precinct, spread over 9.2 acres, will comprise of a 5-star luxury hotel, cultural buildings, luxury residential, andahighstreetretailpark.Themoreprivate luxury residential precinct spread across 6.7 acres, which was recently opened for sale, will house a community of residential buildings with private parks and an iconic clubhouse facility.

Realty firm Godrej Properties has sold 300 flats worth over Rs 700 crore in just one week in its project at Vikhroli, Mumbai, even as the housing segment is facing a huge demand slowdown.

Mumbai: Realty player Godrej Properties on Thursday launched a property development project, The Trees, in the Mumbai suburb of Vikhroli.

Spread across 34 acres, the mixed-use development project contains a commercial precinct spread across 9.4 acres, housing Godrej One and the Godrej Group's global headquarters, the company said in a statement.

The central precinct of more than 9.2 acres will comprise a 5-star hotel, cultural and luxury residential buildings as well as a high street retail park.

The more private luxury residential precinct spread across 6.7 acres, which is now open for sale, will house a community of residential buildings with private parks and clubhouse facility, it said.

"Vikhroli has been integral to the Godrej Group's history and it is our hope to transform it into a fully integrated citywithin-a-city that offers its residents the highest quality of urban life,” Pirojsha Godrej, Managing Director and CEO, Godrej Properties said.

The first phase of residential project in the project comprises 374 apartments with a saleable area of about 5 lakh sq.ft.