Godrej Properties Adds A New Residential Project in Bengaluru (Company Update)

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PRESS RELEASE

Mumbai, June 2nd, 2015

For immediate publication

Godrej Properties adds a new residential project in Bengaluru


The Mumbai based real estate developer enters into a joint venture partnership to
develop a residential project in Bengaluru
Godrej Properties (BSE: GODREJPRP), the real estate development arm of the
Godrej Group, has entered into a partnership to develop a residential project on the
Doddaballapur Yelahanka main road in North Bengaluru. The proposed project will
offer approximately 69,800 square metres (0.75 million sq. ft.) of saleable area and
will be developed as a modern residential development.
Yelahanka is well connected to the airport and key commercial catchments of CBD
and Hebbal. The location benefits from a well-developed social and physical
infrastructure making it a self-sustaining cluster.
As with most Godrej Properties' projects, this project will be developed under a profit
sharing model.

Mr. Pirojsha Godrej, Managing Director & CEO, Godrej Properties said, We are
happy to add a new residential project in Bengaluru. This will be our ninth project in
the city. This project fits well with our strategy of developing world class residential
projects in the country's leading real estate markets."

About Godrej Properties Ltd.:


Godrej Properties brings the Godrej Group philosophy of innovation and excellence
to the real estate industry. Each Godrej Properties development combines a 118 year legacy of excellence and trust with a commitment to cutting-edge design and
technology. Godrej Properties is currently developing residential, commercial and
township projects spread across 10.10 million square meters (109 million square
feet) in 12 cities.
In the last 3 years, Godrej Properties has received over 100 awards and
recognitions, including the Most Reliable Builder for 2014" at the CNBC AWAAZ
Real Estate Awards 2014, Innovation Leader in Real Estate award at the NDTV
Property Awards 2014 and Popular Choice - Developer of the Year award by ET
NOW in 2013.
For further information please contact:
Mr. Ajay Pawar
Sr. General Manager (Corporate Communications)
Godrej Properties Limited
Tel no: +91 022 61698570
Mobile: +91 9820286

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