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

Gudi Padwa is here & builders are back with festive offers

Gudi Padwa is one of the biggest festival when it comes to…

Affordable Homes: Biggest Beneficiary of Budget 2020.

Affordable homes have gained the most, when it comes to the Union…

Mumbai Sells 15,978 units worth Rs 25,754 Crore in 2019: Report

In Mumbai, a total of 15,978 residential units have been sold in…

Residential PE investments during Jan-Sep 2021 stood at USD420 mn, surpassing the volumes of the whole of 2020

In 2021, Indian real estate has gained significant amount of the lost…