Godrej & Boyce, the owner-developer, and Godrej Properties, the development manager, announced that the two companies will continue their Memorandums of Understanding executed from time to time, for development of land in Vikhroli owned by Godrej & Boyce, as and when Godrej & Boyce is desirous of developing the said land. Godrej Construction, a business of Godrej & Boyce, designed and built four phases of Godrej Platinum, an IGBC Platinum rated residential development project with a total constructed area of 1 million square feet, which has been marketed by Godrej Properties and, in March 2024, a new project named Godrej Vistas was successfully launched under this arrangement.

Jamshyd Godrej, Chairperson & Managing Director, Godrej & Boyce, said, “The future development of Vikhroli presents a unique opportunity to create a holistic space in the metropolis of Mumbai where urban development and biodiversity co-exists harmoniously. Godrej Construction and Godrej Properties bring complementary strengths, and this has translated into the launch of successful real estate projects in Vikhroli.

Pirojsha Godrej, Executive Chairperson, Godrej Properties, said, “We look forward to continuing our association with Godrej & Boyce with a view to make  Vikhroli into a world-class neighborhood that delivers its residents an outstanding quality of life while ensuring the highest standards of sustainable development.”

Also Read: Godrej Properties enters Hyderabad

You May Also Like

Pinnacle Group completes phase 1 of project in Sadashiv Peth, Pune

Pinnacle Group completes phase 1 of their flagship Mixed-use development project ‘9…

Kalpataru launches residential project, in Baner, Pune

Real estate major Kalpataru has launched its premium residential project, Kalpataru Aurum, in Baner,…

Bengaluru metro’s enhanced connectivity to foster growth of offices in key locations; Whitefield to see 8-10% rental growth in next 2 years

With the Baiyappanahalli-Whitefield metro project likely to be fully operational by mid-year, rentals…

Mumbai in August 2022 sells 8.4k homes best in a decade for the month of August

By Varun Singh Mumbai in the 30 days of August till evening…