Godrej Properties Launches New Housing Project in ThaneĀ 

Godrej Properties Launches New Housing Project in Thane 
A bird flies past the Planet Godrej residential building, developed by Godrej Properties (Photographer: Dhiraj Singh/Bloomberg)

Godrej Properties Ltd. expanded its presence in the Thane suburb of Mumbai, with the launch of its Godrej Emerald project.

The complex is spread across 6.25 acres and the saleable area is approximately 1,25,000 square feet, the company said in a press release. Three high-rise residential towers will be built in the first phase, with apartments ranging from 500 to 1,000 square feet, the company added.

The project is a joint venture between Godrej Properties and real estate developer Vihang Group.

The stock is trading 0.45 percent higher at Rs 635.75 at 11:15 am.

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