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Thursday, October 18, 2012

Godrej Properties launches Godrej E-City in Bengaluru



Godrej Properties Ltd. (GPL), the real estate development arm of the Godrej Group, has announced the launch of its residential project, Godrej E-City, in Electronic City Phase-1, Bengaluru. 

Spread over 15 acres, this project will be launched in three phases, the company said in a release. Phase 1 will consist of eight 5-storey buildings and offer about 280 homes across 3.6 lakh sq. ft. Customers can choose from 2, 2.5 and 3 BHK apartments, ranging from 964 sq. ft. to 1,625 sq. ft. at prices starting from about Rs 37 lakhs. The entire development is expected to have approximately 800 apartments across 1 million sq. ft. of real estate, it said.



Pirojsha Godrej, Managing Director & CEO, Godrej Properties said, "We are very happy to launch our fifth residential project in Bengaluru - Godrej E-City. Bengaluru is an important market for us and we look forward to the successful launch of this project."

The location offers excellent connectivity due to its close proximity to NICE Road and the Elevated Expressway on Hosur Road. Major junctions like Sarjapur / ORR and Silk board can be easily accessed through the well-developed road network. Furthermore, major IT/ITes/Industrial work places like Infosys, Wipro, TCS, HCL, Bomassandra industrial area and Sipcot Industrial area, are located in the vicinity thereby making the location a vibrant economic hub for Bengaluru.

Godrej E-City will offer various amenities including a modern clubhouse, a well-equipped gymnasium, swimming pools, a health club, a conference hall, and a convenience store. Sports facilities such as an indoor squash court, a badminton court, a children's play area and a jogging track will be provided besides indoor game facilities like table tennis and snooker.

Godrej E-City is designed on the principles of sustainability. The project will use eco-friendly material and will integrate environment-sensitive passive architectural solutions to minimize the carbon emission associated with the development. Features like electric car charging facility, rainwater harvesting, solar heating, usage of hydrogel for water conservation, low VOC paints and water efficient fixtures will be incorporated in the project design. Also, 70% of the project will be covered in landscaped gardens and open spaces.

As is the case for almost all Godrej Properties' projects, Godrej E-City is also being developed through a partnership model. The project will be developed by Universal Builders and Godrej Properties will act as development manager.

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