The stretch is positioned between the Grand Southern Expressway (GST Street) and NH-4, simply close to the Oragadam junction.
Purchase / promote Godrej prop to share
Godrej Properties Ltd. (GPL) has acquired a 60-acre plot of land on the metropolis’s Oragadam junction in Chennai to develop a salable space of 1.6 million sq.ft. The proposed venture primarily contains residential building.
This stretch is positioned between the Grand Southern Expressway (GST Street) and NH-4, simply close to the Oragadam Junction (on 6-lane SH-48), offering entry to different elements of town through the Chennai Ring Street, Chennai Tiruvallur Elevation. Street and Crimson Hills Street.
Oragadam Junction is likely one of the quickest rising enterprise corridors and one of many largest industrial corridors in Chennai. The manufacturing amenities of twenty-two Fortune 500 corporations are positioned within the industrial belt stretching from Sriperumbudur to Oragadam.
Godrej Properties has just lately offered over 1 million sq. toes of area in its newly launched Celeste at Godrej Backyard Metropolis locality in Ahmedabad. For the reason that launch of Celeste in October 2022, the realty main has offered 870 houses at a reserving price of Rs 435 crore. Unfold over 2.3 hectares, Celeste includes 8 towers and presents houses and stores in varied configurations.
Godrej Properties Ltd. shares closed up 0.55 p.c at 1,244.40 rupees on Friday.
(Edited by: Rukmani Krishna)