Godrej Properties launches Palm Grove

Godrej Properties, the real estate development arm of the Godrej Group, has launched its first residential project, Godrej Palm Grove, in Chennai. Spread across 12.5 acre, this premium residential project is coming up beyond Poonamallee, a suburb on the western outskirts of the city and on the Chennai —Bangalore National Highway. The project, that will see the construction of 16- and 19-storey towers, will offer a total of 1,556 modern apartments. Homebuyers can choose from a range of two BHK and three BHK apartments that come in sizes ranging between 1,188 sq ft and 1,489 sq ft. While the two BHK residential units have been priced at Rs 3,300 per sq ft, the three BHK units are priced at Rs 3,400 per sq ft. The project offers amenities such as a 22,500 sq ft club house, swimming pool, well equipped gym, squash and tennis courts, skating rink, central plaza, intercom connectivity, department store, reticulated piped cooking gas and a meditation centre, besides a multi-purpose party hall. The project has been pre-certified gold by the Indian Green Building Council (IGBC and the developer has planned several environmental-friendly features, including the design that has retained 70 per cent of the total area as open space. Larsen & Toubro, the country's leading construction company, has been chosen as the construction partner for the project, which is a joint development with Addison. source: http://www.realtyplusmag.com/rpnewsletter/fullstory.asp?news_id=19113&cat_id=1