Godrej Properties launches luxury housing project at RK Studios’ land in Mumbai
Monday, January 27, 2020 IST
Realty firm Godrej Properties on Friday launched a luxury housing project at iconic R K Studios’ land in Mumbai.
In May last year, the company had announced the acquisition of the land in Chembur to develop mixed-use project comprising luxury flats and retail space. Godrej Properties, part of Godrej group, had said that the project spread across 2.2 acre would offer about 3.5 lakh sq ft of saleable area. The company had not disclosed the deal value.
The company on Friday said it is launching a luxurious residential development at RK Studios, Chembur. Godrej Properties did not mention total housing units to be developed and the investments to be made in the project.
Pirojsha Godrej, Executive Chairman, Godrej Properties said, We are thrilled to launch Godrej RKS at the iconic RK Studios in Chembur. We will seek to ensure we celebrate the remarkable legacy of this site with a landmark development that delivers an outstanding lifestyle for its residents.
Godrej RKS is strategically located on the main Sion-Trombay Road. Founded by Raj Kapoor in 1948, the studio is witness to the making of several films produced by the Kapoor family over the decades.
After selling this studio last year, Randhir Kapoor of R K Studios had said: “This property in Chembur has been of tremendous significance to my family over the many decades that R K Studios has operated from there.”
“We...have chosen Godrej Properties to script a new chapter for this location and build upon its rich history,” said Kapoor, the eldest son of late actor Raj Kapoor.
Related Topics
Related News & Articles
"We plan to exit from Cent Bank Home Finance. The bank already provides housing loans, and so, we feel that there is no need to have a housing finance subsidia...
Recently posted . 1K views . 2 min read
Godrej Properties Ltd. (GPL) today announced that it has sold 340 homes with an area of more than half a million square feet on the first day of launch
Recently posted . 3K views . 1 min read
We look at how co-working spaces have transformed the commercial real estate market in India and why it is likely to remain a preferred choice for companies in th...
Recently posted . 1K views . 2 min read
Union Minister, Hardeep Singh Puri said that a lot of people do not want to give their properties on rent because they think that "if you have a weak legal sys...
Recently posted . 1K views . 2 min read
To win back the confidence of real estate sector, the housing ministry has launched an online platform to facilitate homebuyers in selecting and purchasing genuine ...
Recently posted . 1K views . 3 min read
Trending News & Articles
Godrej Properties Ltd. (GPL) today announced that it has sold 340 homes with an area of more than half a million square feet on the first day of launch
Recently posted . 3K views . 1 min read
An intestate death often causes chaos with family often ending up fighting to get property. The succession act was created to resolve the impending chaos when a per...
Recently posted . 3K views . 2 min read
The unprecedented crisis put across by the COVID-19 outbreak has impacted the residential real estate significantly. Here are a few notable trends that are likely t...
Recently posted . 3K views . 1 min read
If you think Wills are only for the rich, you are absolutely wrong. A Will is an essential part of any estate plan. It is the primary document for transferring your...
Recently posted . 2K views . 5 min read
More in Real Estate
What are the financial and income tax consequences that follow, if a property deal is called off or cancelled? We examine
Recently posted. 1K views . 0 min read
Some key findings that indicate the correlation between the aspiration quotient and the current status of the Indian real estate sector:
Recently posted. 1K views . 0 min read
Are you planning to buy a property? There are certain things that should be kept in mind. Since it is the biggest investment, therefore it is extremely important to...
Recently posted. 1K views . 1 min read
Recently posted . 3K views
Recently posted . 2K views
Recently posted . 2K views
Ocean Infraheights unveils Golden I, a premier Mixed Use development in Greater Noida West, offering office spaces, Retail, Corporate Suites and residences with a...
Recently posted. 1K views . 3 min read
A parking lot for 7,000 cars, a hospital and a flyover are among 23 development projects worth Rs 2,821 crores that were unveiled for Noida on March 2, 2020
Recently posted. 1K views . 1 min read