Godrej Properties Launches its First Project in Mangalore
MUMBAI, Aug 28 (ET): Realty major and Godrej group company Godrej Properties on Friday announced the launch of its first project in Mangalore called Godrej Avalon.
Located on the fast developing Airport Road, the project is spread over 6 acres and will have a saleable area of over 6 lakh sq ft, a press release issued here stated.
The site is strategically located in Mangalore's growth corridor with the airport and the city centre located at a distance of about 12 kilometres and 5 kilometres, respectively.
Godrej Avalon is designed as a high-end residential project and will have three 23-storey towers offering 3 and 4 BHK luxurious apartments with panoramic views of the city, the surrounding valley and the sea. Apart from offering contemporary features, the project will also house a well equipped club-house with lifestyle amenities like game courts, a gym, a party hall and landscaped gardens.
The company, however, did not mention the price range of the apartments.
Like most of its projects, Godrej Properties is developing Godrej Avalon as a joint development project with the Fiza Group. The construction activity for Godrej Avalon will be done by L&T, the release said.
This is the company's third project launch in Karnataka after its Godrej Woodsman Estate and Godrej Cypress projects in Bangalore.