Godrej Properties to develop housing project in Mumbai

Real estate firm Godrej Properties has entered into an agreement with Shivam Realty to develop a housing project in Mumbai.

The five-acre project will have a saleable area of one million square feet.

“Godrej Properties Ltd has entered into a development management agreement with Shivam Realty to develop a residential group housing project off the Akurli cross road at Hanuman Nagar, Kandivali East, Mumbai,” the company said in a statement.

Godrej Properties MD & CEO Pirojsha Godrej said this partnership strengthens the development portfolio in Mumbai and fits with the company’s strategy of deepening presence in key markets across India’s leading cities.

Read more: The Hindu