Market sources said that the transaction was sealed at Rs 180 crore, although none of the two parties mentioned the actual sale price. Pirojsha Godrej, executive chairman, Godrej Properties, said, “We are happy to add this iconic site in Chembur to our development portfolio. This fits well with our strategy of deepening our presence in key locations across India’s leading cities.”

from India News | Latest News Headlines & Live Updates from India - Times of India http://bit.ly/2DHmIaX