Godrej Properties has invested Rs 280 crore across two deals in Bangalore and Thane so far from its $275 million residential real estate platform formed in association with Dutch pension fund APG Asset Management.
The platform named Godrej Residential Investment Program II made its first investment by acquiring 80% of the equity share capital in Godrej Greenview Housing, towards investing into the project Vihang in Thane in June last year.
It also acquired a 12-acre land parcel off Sarjapur Road in South Bengaluru to develop around 1-million sq ft residential project on this plot.
Read more: ETRealty
