Mumbai developer Godrej Properties targets green NRI investors at Cityscape

Wednesday 13 September 2017
Dubai - MENA Herald:

Leading Japanese architectural and urban design firm Nikken Sekkei and Mumbai-based developer Godrej Properties, are presenting their collaborative residential work - Godrej Origins at The Trees, in Mumbai, at Cityscape Global, which is currently taking place at Dubai World Trade Centre.

The development, in India’s commercial capital, transformed a former soap factory into a stylish, vibrant and sustainable community with a strong sense of place. Aimed at upper middle-class Non-Resident Indians (NRIs) the project, once completed in Q2, 2021, will provide sustainable luxury living certified to the highest global standards, offering unique views, lifestyle and personalized options for each home.

‘Godrej Origins’ not only promises a more sustainable lifestyle, it also offers a healthy return-on-investment at an opportune time. According to industry analysts, property market sales in India are expected to grow at 14% (CAGR) until 2020 and 18% from 2020-25.

It is estimated that the 2.6-million strong Indian expatriate community in the UAE alone invested $1.69 billion (AED6.20bn) into the Indian real estate market in the first nine months of 2016, according to a report from property consultancy Square Yards.

“We have witnessed an overwhelming response to this development from end users and investors alike, with the majority of the inventory that we have released, sold out within a few days of the launch.

“This vibrant mixed use development, is also home to our head office building Godrej One, our upcoming luxury Taj hotel as well as a museum which offers a unique lifestyle choice for Indian real estate,” said Anubhav Gupta, Executive Vice President - Business Head Vikhroli, Chief Design Officer, Head CSR and Sustainability at Godrej Properties.

The development has achieved IGBC Platinum status, the highest awarded by the Indian Green Building Council, a local adaptation of the globally recognised LEED sustainability rating. The Trees has been highly commended for sustainability and the adaptive reuse of heritage structures, offering unique place-making and cultural experiences.

Godrej Origins and a further Class A commercial development Godrej Two are the result of a successful collaboration between Nikken Sekkei and GPL Design Studio.

Fadi Jabri, Executive Officer and Principal responsible for MENA, CIS and India regions, Nikken Sekkei, said: “Sustainability is at the core of everything we do and we actively foster a culture of innovation, to pioneer ways in which we live in harmony with the environment.

“From our design and engineering approach in the planning stages, down to the specifics of each individual apartment, we have carried this ethos throughout the entire project. The IGBG Platinum rating is an endorsement of our sustainable approach to design. We have also managed to create a great appreciation of zen, sophisticated, yet simple, interiors.”

To maximize space and light in each apartment, floor-to-ceiling glazing accommodates unobstructed views, unique to each individual living space. Interior columns are limited to the periphery of each apartment – an architectural technique achieved through flat slab construction, which avoids beam drops and allows for purity in space. The one and three-bedroom apartments also come with luxury grade specifications and fittings, presenting an efficient and luxurious lifestyle

Jabri added: “India’s architectural landscape has changed dramatically over recent years, with a return to traditional methods of construction that integrate nature with living spaces, creating environments that promote the health and wellness of occupants and the surrounding ecosystem.”

The Nikken Sekkei Group has an established regional office in Dubai where it has been able to expand its reach in more than 20 cities throughout the MENA region, CIS and India.

Godrej Origins is one of several multi-billion dollar local, regional and international projects from 12 cities across the world. The portfolio spans the United Arab Emirates, Russia and India, amongst others, and includes Dubai’s Forte Towers, a twin tower development in Dubai’s Downtown Opera District, that is destined to become the second highest residential tower in the emirate after the Burj Khalifa.

Godrej Origins at The Trees, in Mumbai, is being showcased alongside a number of other projects by Nikken Sekkei at stand no. SAG30 at Cityscape Global, Dubai World Trade Centre, September 11-13.

Search form