GPL to develop residential project in Punjab

Godrej Properties (GPL), plans to develop a residential housing project in Punjab with a minimum land of 20-25 acre, involving a capital outlay of Rs 450 crore. The company would also focus on several cities, including NCR, Mumbai, Bengaluru, Pune, Chennai and Chandigarh for developing a slew of residential projects. GPL is already in the process of developing its first Rs 400 crore commercial project in Chandigarh, which will be spread over 4.04 acre with a development size of 6.80 lakh sq ft. This project will be completed by September next year. Contact: Godrej Properties. Tel: 022-6651 0200. Fax: 022-2207 2044. Website: www.godrejproperties.com