Godrej Properties to develop residential project in Pune.

Godrej Properties has entered into a partnership to develop a residential group housing project in Pune.

Spread across 5.5 acres, the project will offer 5.6 lakh sqft of saleable area and will be developed as a modern residential development comprising apartments of various configurations, the company said in a statement issued here today.

This project will be developed under the profit share arrangement.

'Pune is a key growth market for us. This will be our 11th project in Pune. We look forward to delivering a good project and to continue growing our presence in this market,' Pirojsha Godrej, Managing Director and CEO, Godrej Properties, said.

HBL