The Mumbai based real estate developer commences construction on its landmark
commercial development in Bandra Kurla Complex, Mumbai
Godrej Properties Ltd. (GPL) (BSE: GODREJPRP), the real estate development arm
of the Godrej Group, today announced the launch of its landmark commercial
development, Godrej BKC. Godrej BKC occupies a corner plot in the middle of
India’s most prestigious and desirable commercial address, the Bandra-Kurla
Complex. At 1.3 million square feet, this is one of the largest real estate development
projects launched in the city. The construction of Godrej BKC has commenced and
the project is expected to be complete in 2015.
Godrej Properties and Jet Airways have partnered for this development and will
share the profits from the development in a 50:50 ratio. Of a total saleable area of
1.3 million square feet in Godrej BKC, 161460 Square Feet of carpet area will be
used by Jet Airways as their state-of-the-art new headquarters.
Godrej BKC will offer a floor plate of 70,000 square feet. A grid of 9 * 9 metres
ensures efficient area utilization and flexibility in planning office layouts. The
outstanding design, spectacular views, flexible floor plates, elevated landscaped
terraces, open interior common areas, and a curated art program will make Godrej
BKC India’s most desirable office address.
Continuing with the Godrej Group’s legacy of environmental leadership, Godrej BKC
will embody a strong corporate commitment to environmental stewardship. Cuttingedge sustainability features will guarantee both long-term energy savings for the
building’s occupants and set new standards for eco-friendly commercial design.
Godrej Properties has collaborated with several of the world’s most renowned
architects and engineering consultants to design this visionary project. Skidmore,
Owings and Merrill (SOM), a leading architectural firm that has designed many
outstanding developments across the world, including the world’s tallest building, the
Burj Khalifa in Dubai and the Freedom Tower in New York, are the lead architects.
Larsen & Toubro (L&T), India’s leading construction company, is constructing Godrej
BKC.
Mr. Pirojsha Godrej, Managing Director & CEO, Godrej Properties, said, “We are
very excited to launch Godrej BKC, our commercial project at Bandra Kurla Complex.
Godrej BKC will adhere to the highest standards of design and sustainability and will
be a state-of-the-art commercial building. Once completed, we hope Godrej BKC will
be a landmark structure in Mumbai and India’s leading commercial property.”
Mr. Nikos Kardassis, Chief Executive Officer, Jet Airways, said “We are delighted
to partner with Godrej Properties in the development of a world-class headquarters
for Jet Airways, as well as a class-leading commercial property at BKC. We are
confident that the property jointly developed by Jet Airways and Godrej Properties,
with its strategic location and superb construction and design, will eventually emerge
as one of Mumbai’s premier commercial spaces.”