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

Monthly office leasing activity for November drops by 13% month-on-month at 5.8 million sq ft

Bengaluru, Mumbai, and Chennai emerge as the top three cities, accounting for…

Stamp Duty Concession, Woman To Pay 1% Less

The state government in its budget on Monday announced another 1% stamp…

CIDCO Gets Ready to Develop New Town Khopta btw Navi Mumbai & NAINA

CIDCO has been appointed as the special planning authority for the development…

Maharashtra Strengthens Fire Safety Regulations: A 5-Year Review

The Bombay High Court has called on Maharashtra to fast-track stronger fire safety regulations after the Chembur fire tragedy. Chief Minister Eknath Shinde has pledged swift action to implement fire evacuation lifts and advanced safety technologies, particularly in high-rise buildings.