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Godrej Properties is focusing on residential projects in India

Godrej Properties has planned to concentrate on building residential projects in India. According to an official of the company, the demand will grow in near future. The company has launched 9 residential projects out of 10 property deal in the last financial year.

The managing director and chief executive of Godrej Properties have said that going forward their concentration on business will be towards residential properties in India. GPL has planned to launch 15 different residential projects across India.

The management has took the decision as they feel that financing the residential projects is much easier than commercial projects. In residential projects, construction can be financed by customer in advances. That is the key for scaling growth.

 

More related stories:

Godrej Properties Witnesses a Dip in Operating Profit

15 new projects in India will be launched by Godrej Properties

Source: Economic Times

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