Mohit Malhotra, Managing Director and CEO, Godrej Properties, said that Mundhwa is an important micro market in Pune. This will further expand the company’s presence in Pune and it fits with its strategy of deepening a presence in established micro markets across India's leading cities.

Godrej Properties stated in its regulatory filing that the location is one of the most centrally located residential areas in Pune, with established physical and social infrastructure and excellent connectivity to all major social and commercial hubs in the city. It is also close to the upscale Koregaon Park.