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Mumbai, September 30Th, 2015 for Immediate Publication Godrej Mumbai, September 30th, 2015 For immediate publication Godrej Properties announces India’s largest ever end-user commercial real estate transaction The Mumbai-based real estate developer has sold 435,000 sq. ft. at its commercial project Godrej BKC in Bandra-Kurla Complex, Mumbai Godrej Properties Ltd. (GPL) (BSE scrip id: GODREJPRP), the real estate development arm of the Godrej Group, today announced that it has sold 435,000 sq. ft. of saleable area at its commercial project, Godrej BKC in Bandra-Kurla Complex (BKC), Mumbai. Godrej BKC is a large high-end commercial real estate project with approximately 1.3 million sq. ft. of saleable area located in the heart of India’s most prestigious and desirable commercial address, the Bandra-Kurla Complex. Godrej Properties has partnered with Jet Airways for this development. The project is expected to be completed and ready for occupancy by mid-2016. Godrej BKC has been planned as the country’s premier office address. The project has been developed in collaboration with several of the world’s most renowned architects and engineering consultants. 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 designers of the building. Larsen & Toubro (L&T), India’s leading construction company, is constructing Godrej BKC. Continuing with the Godrej Group’s legacy of environmental leadership, Godrej BKC will embody a strong commitment to environmental stewardship. It is the only building in BKC to have received a LEED Platinum Precertification, globally recognized as the highest available rating for green buildings. Cutting-edge sustainability features will guarantee both long-term energy savings for the building’s occupants and set new standards for environmentally friendly commercial design. Mr. Pirojsha Godrej, Managing Director & CEO, Godrej Properties said, “We are very happy to have successfully concluded this large and strategically important deal at our project Godrej BKC. We look forward to delivering Godrej BKC to the highest global standards of design and quality. This deal will be an important driver of our plans to unlock capital invested in our commercial portfolio and will hasten the pace of our growth going forward.” About Godrej Properties: Godrej Properties brings the Godrej Group philosophy of innovation and excellence to the real estate industry. Each Godrej Properties development combines a 118 – year legacy of excellence and trust with a commitment to cutting-edge design and technology. Godrej Properties is currently developing residential, commercial and township projects spread across 10.25 million square meters (110.30 million square feet) in 12 cities. In the last 3 years, Godrej Properties has received over 100 awards and recognitions, including the “Most Reliable Builder for 2014" at the CNBC AWAAZ Real Estate Awards 2014, “Innovation Leader in Real Estate” award at the NDTV Property Awards 2014 and “Popular Choice - Developer of the Year” award by ET NOW in 2013. For further information please contact: Mr. Ajay Pawar Sr. General Manager (Corporate Communications) Godrej Properties Limited Tel no: +91 022 61698570 Mobile: +91 9820286056 .
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