Godrej Properties announces the launch of its flagship project

Author(s): City Air NewsGodrej Properties Ltd. (GPL) (BSE scrip id: GODREJPRP), the real estate development arm of the Godrej Group, today launched its flagship project, The Trees. With an area of 34 acres, this is one of the largest real...

Godrej Properties announces the launch of its flagship project
Author(s): 
Godrej Properties Ltd. (GPL) (BSE scrip id: GODREJPRP), the real estate development arm of the Godrej Group, today launched its flagship project, The Trees. With an area of 34 acres, this is one of the largest real estate projects in Mumbai and is the first step towards the greater development opportunity that will unfold in Vikhroli. 
 
Situated in the heart of the city, Vikhroli is well connected to all of Mumbai’s major transit points and business hubs. The Trees is just 0.1 kms from the Eastern Express Highway and offers connectivity to BKC through the Santacruz-Chembur Link Road (SCLR) in just 15 minutes and to Fort through the Eastern Freeway in just 30 minutes. The future planned infrastructure in the city, including the bridge from Nava Sheva to Sewri and the proposed new airport, will further transform Vikhroli and the eastern belt into the central destination for Mumbai. The Godrej Group’s landholdings in Vikhroli include a privately controlled mangrove reserve that is five times the size of London’s famed Hyde Park offering residents the opportunity to live in the heart of the city while forever remaining deeply connected to nature and fresh air.
  
The Trees mixed-use development contains a commercial precinct spread across 9.4 acres, which houses Godrej One, the Godrej Group’s global headquarters, which is now complete and is a testament to both the product design and quality that the Group intends to bring to the entire Trees development and a sign of Godrej’s long term commitment to Vikhroli. The central mixed use precinct, spread over 9.2 acres, will comprise of a 5 star luxury hotel, cultural buildings, luxury residential, and a high street retail park. The more private luxury residential precinct spread across 6.7 acres, which is now open for sale, will house a community of residential buildings with private parks and an iconic clubhouse facility. Adaptive reuse of heritage industrial structures within the development creates a unique and distinctive design and cultural experience. 
 
The dance troupe, led by Abhina Aher, Urmi Jadhav and Madhuri Sarode revealed what it means to identify as transgender in India, the obstacles faced by the community, and methods for prevailing over them, through a series of exciting choreographed numbers, interwoven with award-winning videos by the Culture Lab’s Fulbright Scholar in Residence Jeff Roy. 
 
The first phase of residences in the project contains a total of 374 apartments with a saleable area of approximately 46,000 sq. mt. (500,000 sq. ft.).  Customers can choose from 1BHK, 2BHK, 2.5BHK, 3BHK, and 3.5 BHK apartments with carpet areas ranging from 45 sq. mt. to 124 sq. mt. (480 sq. ft. to 1,334 sq. ft.) and Penthouses with carpet areas ranging from 190 sq. mt. to 229 sq. mt. (2,043 sq. ft. to 2,465 sq. ft.). All the residences offer premium specifications and are designed to offer spectacular views of the internal courtyard, the central landscaped retail court, and the lush green mangroves. 
 
Godrej is leading the discourse in many areas that will shape the future of India through its cutting edge design thinking and deep and nuanced understanding of customer needs. The Trees is an example of the future potential of thoughtful urban planning in India. It goes far beyond delivering just a home or a workplace by combining a complete living experience and imaginative spaces to deliver brighter living for all its residents. 
 
Continuing with the Godrej Group’s legacy of environmental leadership, this development aspires to be among the most sustainable in the world. Cutting-edge engineering features appear throughout the master plan and building design to ensure that energy requirements are minimized and water is conserved. All structures within the development will be planned as LEED or IGBC Platinum rated, which is globally recognized as the highest rating of sustainable design. The residential towers that are now being opened for sale are IGBC Platinum pre-certified.
 
Mr. Pirojsha Godrej, Managing Director & CEO, Godrej Properties said, “We are very excited to launch our flagship project, The Trees. Vikhroli has been integral to the Godrej Group’s history and it is our hope to transform it into a fully integrated city-within-a-city that offers its residents the highest quality of urban life.”
 
 
Date: 
Friday, November 27, 2015