Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India’s leading real estate developers, today announced that it has sold inventory worth over INR 2,600 crore in its project, Godrej Aristocrat, located in Sector 49 on Golf Course Extension Road, Gurugram. This is Godrej Properties’ most successful launch ever in terms of the value of sales achieved, surpassing the previous best ever launch worth over INR 2,000 crore at its project, Godrej Tropical Isle in Noida last quarter.

Golf Course Extension Road is an established residential location in Gurugram which provides access to high-quality social infrastructure and is in close proximity to established commercial establishments on Golf Course Road, Golf Course Extension Road, and Sohna Road. The area provides good connectivity to key retail, medical, and educational infrastructure and is in proximity to the proposed metro corridor, thereby further improving connectivity across the Gurugram metropolitan area.

Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are delighted with the response to our project, Godrej Aristocrat. We’d like to take this opportunity to sincerely thank our customers and all stakeholders for their trust and confidence in Godrej Properties. We will do our best to ensure Godrej Aristocrat offers its residents an outstanding living experience.

Gurugram is an extremely important market for Godrej Properties. We hope to launch four new projects in Gurugram in 2024 and will endeavour to create outstanding residential communities that deliver long-term value for residents.”

Also Read: ICRA and CRISIL enhance Commercial Paper limits of Godrej Properties Limited to INR 2000 crore

You May Also Like

Truth or chair? Let’s talk about the most ignored style statement in home furnishing

By Pritika Singh It’s all about the little things, the wise ones…

Indian Real Estate Set for Breakthrough: Projected 16% Annual Growth to Reach $10 Trillion by 2047

A new report by Colliers and CREDAI forecasts that India’s real estate market will grow at an annual rate of 16%, reaching a value of $10 trillion by 2047. Driven by urbanization, demographic shifts, and infrastructure development, this growth will reshape various real estate sectors and create new investment opportunities.

Affordable Housing Demand Shrinks to 20% in H1 2023

Affordable Housing Demand Shrinks to 20% in H1 2023, MMR, Pune Drive…

74% of developers expect demand to increase

74% of developers expect demand to increase or remain stable, reveals CREDAI-Colliers-Liases…