Godrej Properties Ltd. (GPL) (BSE: GODREJPROP), the real estate development arm of the Godrej Group, today announced the launch of its residential project Godrej Frontier. Located in Sector 80 of Gurgaon, this is the company’s first residential project in northern India. The company will develop approximately 1.05 million square feet on 9 acres of land.
Godrej Frontier will consist of 3 and 4 BHK apartments ranging from 1700 to 2200 sqft approximately. The project enjoys extensive green and open areas and has the added advantage of facing a 36-meter wide green belt. Godrej Frontier is strategically located within NCR’s growth corridor, has frontage on NH-8 and is close to the industrial township of Manesar. The project has excellent connectivity with Delhi and its satellite towns through NH 8 and it is walking distance from the proposed Metro station. The project site is located approx 20 km from the Indira Gandhi International Airport. There are three 5-star hotels projects underway and two golf courses in the vicinity.
Godrej Properties’ is developing this project under a joint venture development model. Godrej Properties’ joint venture partner for this project is M/s. Frontier Home Developers Pvt. Ltd.
Mr. Milind Korde, Managing Director, Godrej Properties said, “Godrej Frontier marks our entry in the NCR region. This will be our second project in northern India, the earlier one being Godrej Eternia, a commercial project in Chandigarh. We have developed various projects across 11 cities in India and all of these distinctively reflect the Godrej values. Godrej Frontier will also be designed and developed with the same values and we aim to set newer benchmarks for design and quality.”
About Godrej Properties Ltd.:
Established in 1990, Godrej Properties Limited (GPL) brings the Godrej Group philosophy of innovation and excellence to the real estate industry. GPL aspires to be among India’s top three real estate companies while continuing to be the most trusted name in the industry. GPL has completed several landmark projects and is currently developing significant projects in 11 cities across India. Throughout its operations, GPL aims to deliver superior value to all stakeholders through extraordinary and imaginative spaces created out of deep customer focus and insight.
Godrej Properties Ltd. is listed on the Bombay Stock Exchange (BSE) and The National Stock Exchange (NSE).
GPL has received several recognitions of its processes and performance which include receiving the ‘Best Business Practices’ award for the year 2009 and ‘Corporate Governance of the Year, 2008' award from Accommodation Times. GPL has also featured as the #1 ranked real estate developer for 2 consecutive years (2009 and 2010) in 'India’s Best Companies to Work For’ survey, conducted by ‘The Economic Times’ and ‘The Great Place To Work Institute’. GPL has been featured for 5 consecutive years as one of “India’s Top 10 Builders” by Construction World magazine.