EXHIBIT 23.2




                          INDEPENDENT AUDITORS' CONSENT




The Board of Directors
General Growth Properties, Inc.:

We consent to the incorporation by reference in the registration statements
(Nos. 333-11067, 333-15907, 333-17021, 333-23035, 333-37247, 333-37383,
333-41603, 333-58045, 333-68505, 333-76379, 333-76757, 333-82134, 333-82569,
333-84419, 333-88813, 333-88819 and 333-91621) on Form S-3 and the registration
statements (Nos. 33-79372, 333-07241, 333-11237, 333-28449, 333-74461 and
333-79737) on Form S-8 of General Growth Properties, Inc. of our report dated
January 31, 2003, with respect to the consolidated balance sheets of GGP/Homart,
Inc. and subsidiaries as of December 31, 2002 and 2001, and the related
consolidated statements of income and comprehensive income, stockholders' equity
and cash flows for the years then ended, and our report dated January 31, 2003,
with respect to the consolidated balance sheets of GGP/Homart II L.L.C. and
subsidiaries as of December 31, 2002 and 2001, and the related consolidated
statements of income and comprehensive income, members' capital and cash flows
for the years then ended, which reports appear in the December 31, 2002 annual
report on Form 10-K of General Growth Properties, Inc.

Our reports refer to a change in the method of accounting for intangible assets
in 2002 and a change in the method of accounting for derivative instruments and
hedging activities in 2001.


KPMG LLP


Chicago, Illinois
March 13, 2003