Godrej Properties, Tata Projects Join Hands for ₹1,100 Cr* Gurgaon Projects.

Godrej Properties and Tata Projects have tied up for the construction of 3 projects worth around ₹1,100 Cr*, and all these projects are going to be luxury housing projects on Golf Course Road. This is marked as the developer's largest single construction contract award so far. Under this contract, TATA Projects will undertake core and shell construction works for Godrej Sora, Godrej Astra, and Godrej Samaris, all upcoming premium residential projects in Gurgaon’s Golf Course Road micro market. This is the first time that Godrej Properties and TATA Projects are working together on residential development. TATA Projects has previously executed infrastructure and urban development projects, including the new parliament building in New Delhi, Noida International Airport, and Mumbai’s Atal Setu. This move comes amid the rising demand for premium housing in Gurgaon, with developers increasingly focusing on execution quality and timely delivery in key residential corridors such as the Golf Course Road.

Conclusion

Godrej Properties is one of the top developers in India, and by tying up with TATA Projects, this deal is going to have a huge impact on the projects they are going to deliver. The general public holds a huge respect for the durability and reliability of TATA and Godrej, and as a developer, it is loved by many investors as well. This will definitely boost the sales of all these 3 projects. Not only this, being the last large-scale development of the Golf Course Extension Road, these projects are going to be met with high demand. In conclusion, we can say there are a great many benefits for everyone. 

Source: https://www.businessworld.in/article/godrej-properties-tata-projects-join-hands-for-rs-1-100-cr-gurgaon-projects-607901