Goel Ganga Developments has entered into a development management contract of Rs 125 crore. Under the arrangement, Goel Ganga Developments will invest in the operations of various state-of-the-art residential projects across Pune, Maharashtra.
Expanding its development management portfolio, the developer plans to partner for more projects worth Rs 200 crore in Q3/FY23.
The real estate developer plans to invest in the operational aspect of the construction of various projects. GGD is all set to invest in the following projects – Yogville in Dhayari; Menlo in Hinjewadi; 9 Villas and Cleveland Park in NIBM.
Goel Ganga Developments will handle sales of all these projects and will also be overlooking development part in some of the projects, for its esteemed partners Vardhan Lifestyles, Royal Group and Balaji Housing Company, under Goel Ganga Developments brand name.