Narendra Modi inaugurates Godrej Garden City in Ahmedabad

Shri Narendra Modi, the Honourable Chief Minister of Gujarat inaugurates Godrej Garden City in Ahmedabad

Several top government officials and dignitaries attend the launch of this mega township project by Godrej Properties

Godrej Properties Ltd. (GPL) today announced that its project in Ahmedabad, Godrej Garden City, was inaugurated by the Chief Minister of Gujarat, Shri. Narendra Modi.

The high profile launch was attended by several dignitaries like, Shri. Nitin Patel, Minister of Urban Development, Govt. of Gujarat, Mr. Adi Godrej, Chairman of Godrej Properties’, Ms. Parmeshwar Godrej, Director (GPL), Mr. Milind Korde, Managing Director (GPL), Mr. Pirojsha Godrej Executive Director (GPL), Mr. Mark Igou (Managing Director, SOM) and many senior government officials.

Godrej Garden City, spread over 250 acres, is located within the Ahmedabad Municipal Corporation limits, and will house over 13,000 apartments and villas, 40 acres of scenic landscaping and open areas, and significant commercial spaces. Godrej Properties plans to create facilities for education, health-care, recreation, hospitality, retail and banking within the development. There will also be civic facilities and public utilities. The master plan has been created by world-renowned architects Skidmore, Owings and Merrill (SOM) and the project’s construction will be carried out by L&T. Godrej Garden City will be sustainably developed and has been selected as one of sixteen projects from around the world to partner the Clinton Climate Initiative in the goal of creating a Climate Positive development.

Godrej Properties’ is developing this project under a joint venture development model. Godrej Properties’ joint venture partner for this project is M/s. Shree Siddhi Group.

Mr. Adi Godrej, Chairman, Godrej Properties said, “Godrej Garden City will be a world class, sustainably designed city within a city that gives its residents a well located, efficiently planned and designed development in which to live, work, and play. We are very pleased to be announcing the launch of this township within Ahmedabad, which is today one of India’s fastest growing and most exciting cities.”

About Godrej Properties Ltd.:

Established in 1990, Godrej Properties Limited (GPL) brings the Godrej Group philosophy of innovation and excellence to the real estate industry. GPL aspires to be among India’s top three real estate companies while continuing to be the most trusted name in the industry. GPL has completed several landmark projects and is currently developing significant projects in 11 cities across India. Throughout its operations, GPL aims to deliver superior value to all stakeholders through extraordinary and imaginative spaces created out of deep customer focus and insight.

Godrej Properties Ltd. is listed on the Bombay Stock Exchange (BSE) and The National Stock Exchange (NSE).

GPL has received several recognitions of its processes and performance which include receiving the ‘Best Business Practices’ award for the year 2009 and ‘Corporate Governance of the Year, 2008′ award from Accommodation Times. GPL has also featured as the #1 ranked real estate developer for 2 consecutive years (2009 and 2010) in ‘India’s Best Companies to Work For’ survey, conducted by ‘The Economic Times’ and ‘The Great Place To Work Institute’. GPL has been featured for 5 consecutive years as one of “India’s Top 10 Builders” by Construction World magazine.

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