Godrej to launch 15 projects in 2012-13

Godrej Properties plans to launch 15 projects in 2012-13. Anticipating the revival of demand from buyers, the company plans to focus on the residential segment rather than the commercial office space. Of the 10 deals that it signed last fiscal, only one was in the commercial space at Bandra Kurla Complex. Although there is a negative sentiment amongst buyers at present, the demand for houses will continue to grow, which the company perceives as a huge opportunity for developers.Contact: Godrej Properties Ltd.Tel: 022-6651 0200. Fax: 022-2207 2044.E-mail: marketing@godrejproperties.comWebsite: www.godrej properties.com