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Godrej South Estate, Okhla, Delhi

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Godrej South Estate, Okhla, Delhi

Last updated: 3 weeks ago
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  • Godrej South Estate, Okhla, Delhi

    Godrej Properties are supposed to develop a new project in Okhla Newdelhi. It is a joint project with M/s Southend Infrastructure, to build a five acre property situated at Okhla Phase 1, in New Delhi.

    The project will be developed as a luxury residential group housing project.

    Godrej Properties enters New Delhi | Business Standard

    More details, anyone.

    Thanks,
    Kumar
    Last edited 3 weeks ago.
  • #2

    #2

    Re : Godrej South Estate, Okhla, Delhi

    Originally posted by kumar77 View Post
    Godrej Properties are supposed to develop a new project in Okhla Newdelhi. It is a joint project with M/s Southend Infrastructure, to build a five acre property situated at Okhla Phase 1, in New Delhi.

    The project will be developed as a luxury residential group housing project.

    Godrej Properties enters New Delhi | Business Standard

    More details, anyone.

    Thanks,
    Kumar
    Great.... something in Delhi .... Details please .

    Comment

    • #3

      #3

      Re : Godrej South Estate, Okhla, Delhi

      About 0.85msf to be developed into a luxury residential project. They are looking to launch this project in 1-1.5 years' time at BSP of ~Rs20k psf.

      This is an industrial plot and hence will take its own sweet time to come on board.
      Har Jagah Gyaan bat raha hai....Jo achha lage utha lo!

      Comment

      • #4

        #4

        Re : Godrej South Estate, Okhla, Delhi

        This prime parcel of land is strategically located near affluent parts of South Delhi on the main road going towards Mathura Road from Greater Kailash.
        Godrej Properties Limited, the real estate development arm of the Godrej Group, through its subsidiary, has entered into a Development Agreement with Southend Infrastructure Private Limited, to develop a 5 acre property situated in Okhla Phase 1, New Delhi. The project will be developed as a luxury residential group housing project.
        This prime parcel of land is strategically located near affluent parts of South Delhi on the main road going towards Mathura Road from Greater Kailash. Upcoming road infrastructure will further enhance the connectivity of the project to Central Delhi, Noida, Jasola, and Faridabad.
        This will be Godrej Properties' first development in New Delhi and its third in NCR. The company is also currently developing two residential projects in Gurgaon. This project is expected to be the first project under the residential investment platform that Godrej Properties established in FY13.
        Pirojsha Godrej, Managing Director & CEO, Godrej Properties said, “We are happy to enter our first project in New Delhi. NCR is a key part of our growth strategy and we believe this project's strategic location will help grow our presence in the region. We will make every endeavour to deliver a world class residential project.”


        Okhla seems a strange choice for luxury residences.

        Comment

        • #5

          #5

          Re : Godrej South Estate, Okhla, Delhi

          Okhla seems a strange choice for luxury residences.
          i completely agree. upto 1-2 years back any and every area of delhi was said to be "posh" by its residents. thinking same godrej seems to hav bought this land thinking its inside delhi and anything and everything sells in delhi.
          they might come in for a rude shock when they launch after 1-2 years, these days its hard to sell anything in delhi at exorbitant prices. the scenario is not the same which was prevelant in 2010-2011.

          Comment

          • #6

            #6

            Re : Godrej South Estate, Okhla, Delhi

            I dont agree .
            With NCR ever expanding Okhla is well connected area with proximity to Gurgaon, Noida & Faridabad . Its little far from Sonepat/Kundli which might see boom in 2030 , thats why some people cant digest it well .

            Comment

            • #7

              #7

              Re : Godrej South Estate, Okhla, Delhi

              ncr ever expanding? and what abt all those empty houses in dwarka, narela n in delhi itself ?
              and what about over-pricing ? prices multipying 10 times in 5 years. so u believe they will always keep multiplying by this rate ?
              my views r diffrnt than urs.

              Comment

              • #8

                #8

                Re : Godrej South Estate, Okhla, Delhi

                Originally posted by ruchika1 View Post
                ncr ever expanding? and what abt all those empty houses in dwarka, narela n in delhi itself ?
                and what about over-pricing ? prices multipying 10 times in 5 years. so u believe they will always keep multiplying by this rate ?
                my views r diffrnt than urs.
                Koi Baat nahi Dost,
                Maaf kar do unko,
                Bacche hain, Naye aaye hain IREF pe.

                NCR to ghat raha actually.
                Pahle bada tha, hai na? Ab to log Noida, Greater Noida, Burgaon & Faridabaad & ki property bech kar Delhi mein rahne aa rahe hain.
                NCR mein koi naya project hi nahi chal raha hai 5-7 saal se.
                Sabhi Paagal bane phir rahe hain IREF pe.

                Jab property ke kimat 25-35% gir jayenge tab inko samajh mein aayega ki Real Estate mein kuch rakha hai kya??/---
                Tab hi samajh mein aayega ki Makaan bech kar rent ke makaan mein rahne mein fayda hai.

                Dost, Tum apna samay & dimaag kharaab mat karo een Bebkoof log ko sudharne mein.

                Chal, Sham mein ghar pe dich de ke aa ja -- Dhabe pe Daaru peeyehge and masti karenge.

                Comment

                • #9

                  #9

                  Re : Godrej South Estate, Okhla, Delhi

                  great investment by Godrej seems nice to invest if got chance..

                  Comment

                  • #10

                    #10

                    Re : Godrej South Estate, Okhla, Delhi

                    Originally posted by ruchika1 View Post
                    ncr ever expanding? and what abt all those empty houses in dwarka, narela n in delhi itself ?
                    and what about over-pricing ? prices multipying 10 times in 5 years. so u believe they will always keep multiplying by this rate ?
                    my views r diffrnt than urs.
                    100% agree

                    its time for reality check.

                    Comment

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