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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