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

🏗️ Realty Stocks Open on a Soft Note as Market Sentiment Stays Cautious; Sector Awaits Fresh Cues

Realty stocks opened the morning session on a cautious note, with large developers stable and mid-caps under pressure. The sector remains in consolidation as markets await fresh triggers.

Should you invest in under-construction properties to get high ROI in 2022-23?

By Suren Goyal There is no denying the fact that a couple…

MMR Saw 16,510 Launches in Q3 of 2021, 140% Increase from Q2

MMR saw approx. 16,510 units launched during this quarter – a yearly increase of approx.…

Outlet Mall of India to Launch in Bhiwandi with 150+ Global Brands

Bhumi World’s Outlet Mall of India in Bhiwandi will bring 150+ global brands under an “always-on discount” model, transforming the region into a major retail and lifestyle destination.