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In a move towards sustainable business practices, Godrej Interio has set an ambitious target to elevate this proportion to a minimum of 50 percent by the year 2032.
Mumbai-based real estate developer Godrej Properties said the potential saleable area in this project would be up to 8 lakh square feet and was likely to comprise of premium residences as well as a small component of convenience retail.
Striking a positive note, Godrej and Boyce Manufacturing Company CMD Jamshyd N Godrej said the economy should be in a better position next year. "It is difficult to say (when the economy will recover).
In an exclusive interview to CNBC-TV18, Adi Godrej, Chairman of Godrej Properties says that they have entered into an agreement with Godrej and Boyce to act as development manager for their projects in Vikhroli.
