The Mumbai based real estate developer launches Godrej Avalon, a high-end residential project in Mangalore
Godrej Properties Ltd. (BSE scrip id: GODREJPRP) announced the launch of its first project in Mangalore, Godrej Avalon. Located on the fast developing Airport Road, the project is spread over 6 acres and will have a saleable area of over 6 lac sq. ft. The site is strategically located in Mangalore’s growth corridor with the airport and the city centre located at a distance of about 12 kms and 5 kms respectively.
Godrej Avalon is designed as a high-end residential project and will have three 23-storey towers offering 3 and 4 BHK luxurious apartments with panoramic views of the city, the surrounding valley, and the sea. Apart from offering contemporary features, the project will also house a well equipped clubhouse with life style amenities like game courts, a gym, a party hall and landscaped gardens.
Like most of its projects, Godrej Properties’ is developing Godrej Avalon as a joint development project with the Fiza Group. The construction activity for Godrej Avalon will be done by L & T.
Mr. Pirojsha Godrej, Executive Director, Godrej Properties said, “We are pleased to launch our first project in Mangalore. This is our 3rd project launch in Karnataka and comes after the success of Godrej Woodsman Estate and Godrej Cypress in Bengaluru. This continues our track record of successful project launches in cities across India.”
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.