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PRESS RELEASE Godrej Properties Launches Godrej

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PRESS RELEASE Godrej Properties Launches Godrej PRESS RELEASE Mumbai, 5th March, 2013 For immediate publication Godrej Properties launches Godrej BKC The Mumbai based real estate developer commences construction on its landmark commercial development in Bandra Kurla Complex, Mumbai Godrej Properties Ltd. (GPL) (BSE: GODREJPRP), the real estate development arm of the Godrej Group, today announced the launch of its landmark commercial development, Godrej BKC. Godrej BKC occupies a corner plot in the middle of India’s most prestigious and desirable commercial address, the Bandra-Kurla Complex. At 1.3 million square feet, this is one of the largest real estate development projects launched in the city. The construction of Godrej BKC has commenced and the project is expected to be complete in 2015. Godrej Properties and Jet Airways have partnered for this development and will share the profits from the development in a 50:50 ratio. Of a total saleable area of 1.3 million square feet in Godrej BKC, 161460 Square Feet of carpet area will be used by Jet Airways as their state- of-the-art new headquarters. Godrej BKC will offer a floor plate of 70,000 square feet. A grid of 9 * 9 metres ensures efficient area utilization and flexibility in planning office layouts. The outstanding design, spectacular views, flexible floor plates, elevated landscaped terraces, open interior common areas, and a curated art program will make Godrej BKC India’s most desirable office address. Continuing with the Godrej Group’s legacy of environmental leadership, Godrej BKC will embody a strong corporate commitment to environmental stewardship. Cutting-edge sustainability features will guarantee both long-term energy savings for the building’s occupants and set new standards for eco-friendly commercial design. Godrej Properties has collaborated with several of the world’s most renowned architects and engineering consultants to design this visionary project. Skidmore, Owings and Merrill (SOM), a leading architectural firm that has designed many outstanding developments across the world, including the world’s tallest building, the Burj Khalifa in Dubai and the Freedom Tower in New York, are the lead architects. Larsen & Toubro (L&T), India’s leading construction company, is constructing Godrej BKC. Mr. Pirojsha Godrej, Managing Director & CEO, Godrej Properties, said, “We are very excited to launch Godrej BKC, our commercial project at Bandra Kurla Complex. Godrej BKC will adhere to the highest standards of design and sustainability and will be a state-of-the-art commercial building. Once completed, we hope Godrej BKC will be a landmark structure in Mumbai and India’s leading commercial property.” Mr. Nikos Kardassis, Chief Executive Officer, Jet Airways, said "We are delighted to partner with Godrej Properties in the development of a world-class headquarters for Jet Airways, as well as a class-leading commercial property at BKC. We are confident that the property jointly developed by Jet Airways and Godrej Properties, with its strategic location and superb construction and design, will eventually emerge as one of Mumbai's premier commercial spaces.” About Godrej Properties Limited: Godrej Properties brings the Godrej Group philosophy of innovation and excellence to the real estate industry. Each Godrej Properties development combines a 116-year legacy of excellence and innovation with a commitment to cutting-edge design and technology. Godrej Properties is currently developing residential, commercial and township projects spread across 82 million square feet in 12 cities. Godrej Properties has always embraced the notion that collaboration is the essence of excellence. To that end, we have worked with the best designers, architects and contractors within India and around the globe to deliver imaginative and sustainable spaces. By bringing together the best talent in the global real estate sector, Godrej Properties works to create developments that will last into the future, and foresee the needs of each and every resident. Over the last few years, Godrej Properties has received over 35 awards and recognitions, including a “Corporate Governance of the Year” award from Accommodation Times and a “Best Emerging National Developer” award from ZEE Business. Official recognition, though, matters less than the affirmation we receive from our customers. Each home or office we construct is a relationship, and each smile a confirmation of a job well done. About Jet Airways: Jet Airways currently operates a fleet of 100 aircraft, which include 10 Boeing 777-300 ER aircraft, 10 Airbus A330-200 aircraft, 3 Airbus A330-300 aircraft, 59 next generation Boeing 737-700/800/900 aircraft, 17 ATR 72-500 and 1 ATR 72-600 turboprop aircraft. With an average fleet age of 5.45 years, the airline has one of the youngest fleet of aircraft in the world. Flights to 72 destinations span the length and breadth of India and beyond, including Abu Dhabi, Bahrain, Bangkok, Brussels, Colombo, Dammam, Dhaka, Doha, Dubai, Hong Kong, Jeddah, Kathmandu, Kuwait, London (Heathrow), Muscat, New York (Newark), Riyadh, Sharjah, Singapore and Toronto. For further Information contact, Mr. Ajay Pawar Ragini Chopra General Manager (Corporate Communications) Vice President – Public Relations Corporate Godrej properties Limited Communications & Public Relations Tel. - +91 022 66510218 New Delhi, India Mobile - +91 9820286056 Tel: +91 11 4164 5080 Fax - +91 022 22072044 Fax: +91 11 4609 5084 [email protected] Concept Public Relations: Anilkumar Yadav: 9769808828 / 022-40558917 / [email protected] Edriech Dsouza : 9819665275 / 022-40558918 / [email protected] Subir Nandi : 9867260262 / 022-40558938 / [email protected] .
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