Categories: Press Release

Godrej Properties announces a new project in Mangalore

The Mumbai-based real estate developer launches Godrej Alpine, a premiumresidential project offering world class facilities and contemporary design.

Godrej Properties Ltd. (GPL) (BSE scrip id: GODREJPRP), the real estate development arm of the Godrej Group, today announced the launch of its residential project Godrej Alpine in the prime area of Yeyyadi, Airport Road, North Mangalore. Spread over 4.5 acres, this premium residential project consists of three towers of 19 floors each and offers a total of 449 modern apartments. Customers can choose from amongst 2, 2.5 and 3 BHK apartments that range from 1,203 sq. ft to 1,695 sq. ft and penthouses that range from 2,700 sq. ft to 3,500 sq. ft.

Godrej Alpine features international design, contemporary styling and world class recreational facilities such as a squash court, a tennis court, a badminton court, a billiards room, a carrom and table tennis room etc. This project also offers a state-ofthe- art gymnasium, a health club and a swimming pool. Thoughtful lifestyle extras like serviced apartments for guests, a crèche, a multi-purpose party hall and cafeteria are also planned in the project.

Located in the heart of the city, Godrej Alpine has direct access to the city centre as well as the national highways and is surrounded by magnificent hills and beautiful palm fringed gardens. GPL has planned several environmentally friendly features in the project and an interesting highlight is the design that offers 80% open space for residents to unwind.

The construction for Godrej Alpine will be done by leading construction firm Larsen & Toubro. Like most of GPL’s projects, Godrej Alpine is also a joint venture project. GPL has entered in to a development agreement with Mr. B. M. Farookh for this project.

Mr. Pirojsha Godrej, Executive Director, Godrej Properties said, “We are happy to launch Godrej Alpine. We believe the city has good demand for quality residential real estate. Godrej Alpine will offer its residents a modern, contemporary lifestyle in a green and natural environment.”

About Godrej Properties Ltd.:

Established in 1990, Godrej Properties Limited (GPL) brings the Godrej Group philosophy of innovation and excellence to the real estate industry. GPL has completed several landmark projects and is currently developing significant projects in 12 cities across India. Throughout its operations, GPL aims to deliver superior value to all stakeholders through extraordinary and imaginative spaces created out of deep customer focus and insight.

Godrej Properties Ltd. is listed on the Bombay Stock Exchange (BSE) and The National Stock Exchange (NSE).

GPL has received several recognitions for its processes and performance which include receiving the ‘Best Emerging National Developer’ award at the Zee Business – RICS Real Estate Awards 2011. GPL has also featured as the #1 ranked real estate developer for three consecutive years in ‘India’s Best Companies to Work For’ survey, conducted by ‘The Economic Times’ and ‘The Great Place To Work Institute’. GPL has been featured for six consecutive years as one of “India’s Top 10 Builders” by Construction World magazine.

The Property Times News Bureau

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