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India’s Godrej Fund Management Signs $236 Million Studio Deal With Maharashtra Government at WAVES Summit
India's Godrej Fund Management has inked an agreement with the Maharashtra government for a $236 million film, television and media campus.
The memorandum of understanding, signed with Maharashtra Chief Minister Devendra Fadnavis at the World Audio Visual & Entertainment Summit (WAVES) conference in Mumbai, outlines plans for a cutting-edge film, television and media campus at Godrej City, Panvel. In what could be a significant boost to India’s position as one of the world’s largest content producers, the campus will house AA studios, designed as a creative nucleus for artists, musicians, and filmmakers. Its real estate investment arm, Godrej Fund Management, has rapidly emerged as a major player in India’s institutional-grade property market, steering marquee developments across Mumbai, Bengaluru and Delhi in partnership with global investors.
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