Royal LePage launches new partnership connecting Canadian buyers to real estate opportunities in India

Godrej Properties offers Royal LePage clients access to luxurious apartment and villa developments across the country

TORONTO, June 21, 2012 /CNW/ - Royal LePage is proud to announce its partnership with Godrej Properties to help Canadians and non-resident Indians (NRIs) invest in India's growing real estate market.

"Godrej Properties is a subsidiary of Godrej Group, a well known and trusted organization in India with 116 years of experience," said Phil Soper, president and chief executive, Royal LePage. "We are excited about leveraging their experience to the benefit of our network and clients."

India is known for its rich cultural heritage as well as its economic strength. At approximately $1.7 trillion USD, India has sustained 20 years of strong economic growth. As buyers continue to look for global real estate opportunities, it is expected that demand in India will increase strongly.

"It is important for Godrej Properties to have a strong and experienced partner to extend our project portfolio to Canada," said Mr. Pirojsha Godrej, Managing Director and CEO, Godrej Properties. "Royal LePage's trusted name and national reach made them our preferred choice. This partnership will help us connect with the Indian community across Canada."

In addition to several completed landmark projects, Godrej Properties is currently developing significant projects in 12 cities across India including Ahmedabad, Bangalore, Chennai, and Kolkata offering luxurious living spaces with world class amenities.

"Royal LePage is committed to exploring new ways to provide excellent service, meet evolving client demands and create new opportunities," Soper added. "Our partnership with Godrej Properties provides Canadians and non-resident Indians easier access to new opportunities while working with a trusted Royal LePage agent."

Those who are interested in knowing more are invited to email godrej@royallepage.ca.

About Godrej Properties Ltd.:

Established in 1990, Godrej Properties Limited (GPL) brings the Godrej Group philosophy of innovation and excellence to the real estate industry.  GPL has completed several landmark projects and is currently developing significant projects in 12 cities across India. Godrej Properties Ltd. is listed on the Bombay Stock Exchange (BSE) and The National Stock Exchange (NSE). GPL has received several recognitions for its processes and performance which include receiving the 'Best Emerging National Developer' award at the Zee Business - RICS Real Estate Awards 2011. GPL has also featured as the #1 ranked real estate developer for three consecutive years in 'India's Best Companies to Work For' survey, conducted by 'The Economic Times' and 'The Great Place To Work Institute'. GPL has been featured for six consecutive years as one of "India's Top 10 Builders" by Construction World magazine.

About Royal LePage

Serving Canadians since 1913, Royal LePage is the country's leading provider of services to real estate brokerages, with a network of 14,000 real estate professionals in over 600 locations nationwide. Royal LePage is the only Canadian real estate company to have its own charitable foundation, the Royal LePage Shelter Foundation, dedicated to supporting women's & children's shelters and educational programs aimed at ending domestic violence. Royal LePage is a Brookfield Real Estate Services Inc. company, a TSX-listed corporation trading under the symbol TSX: BRE. 

SOURCE Royal LePage Real Estate Services

For further information:

Tammy Gilmer
Director, Global Communications & Public Relations
Royal LePage Real Estate Services
(416) 510-5783

Sarah Louise Gardiner
Fleishman-Hillard
(647) 339-6445
sarah.gardiner@fleishman.ca


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