Godrej Properties, Godrej Fund enter into JV with Hero Cycles: Report

Godrej Properties and Godrej Fund Management, the real estate private equity arm of the Godrej Group, have reportedly entered into a joint venture (JV) with Hero Cycles for their Golf Course Road property in Gurgaon in the state of Haryana. With this, the JV will expand, lease, and manage around 1 million sq ft of office and retail space on the four-acre property.

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Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.