Godrej Bandra West is the next joint venture between Godrej Properties & Omkar Realtors in Mumbai. What can well be termed as a major development in the world of real estate in the country, Joint venture of two well known real estate builders to develop a 4.25 acre, sea-facing property in Bandra West Mumbai. Godrej Properties plan to develop a luxury residential project in Bandra that will provide approximately 1.1 million sq. ft. of saleable area. A slum rehabilitation project of Omkar Group sees the company aligning with Godrej Properties to take over the development.
Omkar Group has numerous slum rehabilitation projects in Mumbai and is working on its largest luxury project “1973” in Worli for the last 5 years. However, it has come across a few obstacles while selling the apartments due to the slowdown that hit the real estate sector that severely crippled the luxury segment. Though the developer has last year said that the completed projects were selling better and the company is now focused on building smaller homes. On the other hand, Godrej Properties has made the most of such opportunities that have come their way as developers are looking more and more towards forging a partnership with strong developers who possess superior financial bandwidth and reputation to develop land assets and incomplete projects.
The last couple of years has seen Godrej Properties solemnize several deals throughout the city wherein they have taken over projects from different developers. The company’s latest deal, which took place in February this year, sees it partner Pune-based Solitaire Group to develop its 6 projects that are set in 300 acres. The current project fits very well with the group’s strategy of making its presence felt in the country’s leading real estate zones. The company is committed to delivering an outstanding project for its customers that will become a landmark in the city. Needless to say that this development has created quite a stir in the real estate sector and people are waiting with the bated breath for the project to reach its completion.
Godrej Properties Bandra West Price
|Unit Type||Unit Size||Price|
|2 BHK||On Request||On Request|
|3 BHK||On Request||On Request|
|4 BHK||On Request||On Request|