The Godrej group has entered into a joint venture with Hero Cycles Ltd, to build a commercial space in Gurugram.The project will come up at a four-acre plot owned by Pankaj Munjal-promoted Hero Cycles. It is expected to be completed in the next three years, reported Mint.The total investment will be for around INR 1,500 crores..J. Sagar Associates advised Godrej Properties and the team was led by Partner Rupinder Malik along with Principal Associate Rajul Bohra and Senior Associate Sougata Kundu..AZB & Partners acted for Hero Cycles and the team was led by Partner Hardeep Sachdeva.The deal marks the entry of Mumbai-based Godrej Properties in NCR’s commercial realty, while helping Hero Cycles monetise some of its land..Image taken from here.
The Godrej group has entered into a joint venture with Hero Cycles Ltd, to build a commercial space in Gurugram.The project will come up at a four-acre plot owned by Pankaj Munjal-promoted Hero Cycles. It is expected to be completed in the next three years, reported Mint.The total investment will be for around INR 1,500 crores..J. Sagar Associates advised Godrej Properties and the team was led by Partner Rupinder Malik along with Principal Associate Rajul Bohra and Senior Associate Sougata Kundu..AZB & Partners acted for Hero Cycles and the team was led by Partner Hardeep Sachdeva.The deal marks the entry of Mumbai-based Godrej Properties in NCR’s commercial realty, while helping Hero Cycles monetise some of its land..Image taken from here.