Godrej Properties Ltd. (GPL) (BSE scrip id: GODREJPRP), one of India’s leading real estate developers, today announced the expansion of its residential portfolio in NCR, with an addition of a new residential project in Gurgaon.

This project will offer approximately 70,500 square meters (approximately 7.5 lakh sq. ft.) of saleable area and will be developed as a modern group housing development. This project is situated in an established location within Gurgaon City and has excellent connectivity to the various key micro-markets in Gurgaon.

This is GPL’s twelfth project within the National Capital Region (NCR). Within five years of entering the NCR market, Godrej Properties has established itself as one of the market leaders in NCR and hopes to further build on this position.

Mr. Pirojsha Godrej, Executive Chairman, Godrej Properties said, “We are happy to add this new project in Gurgaon. This strengthens our development portfolio in NCR and fits well with our strategy of deepening our presence across India's leading cities. We will seek to ensure this project delivers a great experience for its residents.”

About Godrej Properties Ltd.

Godrej Properties brings the Godrej Group philosophy of innovation, sustainability and excellence to the real estate industry. Each Godrej Properties development combines a 121–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 approximately 14 million square meters (151 million square feet) in 12 cities.

In the last 3 years, Godrej Properties has received over 200 awards and recognitions, including the “Real Estate Company Of The Year” at the Construction Week India Awards 2015, ‘Golden Peacock Award for Sustainability’ for the year 2015 by Institute Of Directors (IOD), “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.