April 8, 2024: Mumbai-based real estate developer Godrej Properties has sold over 1050 homes worth over Rs 3,000 crore in its project, Godrej Zenith, located in Sector 89, Gurgaon, according to an official release. This is the developer’s most successful ever launch in terms of the value and volume of sales achieved, it said.
According to the developer, Godrej Zenith is GPL’s largest residential development in Gurgaon. The company recorded a 473 % YoY increase in sales in Gurgaon in FY24 and has a strong launch pipeline for FY25 which includes new project launches planned in Sector 103, Sector 43, and Sector 54. These planned launches will significantly strengthen GPL’s presence in the city.
This is the second time in Gurgaon and the fourth time pan India, that GPL has recorded sales of over Rs 2,000 crore during launch in FY24. The company sold inventory worth Rs 2,690 crore in its project, Godrej Reserve, located in Kandivali, Mumbai in Q4 FY24. It also sold inventory worth over Rs 2,875 crore in its project, Godrej Aristocrat, located in Sector 49 on Golf Course Extension Road, Gurgaon, and achieved sales worth over Rs 2,000 crore in its project, Godrej Tropical Isle in Noida in Q2 FY24, the release said.
Gaurav Pandey, MD & CEO, Godrej Properties, said, “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 Zenith offers its residents an outstanding living experience. Gurugram is an extremely important market for Godrej Properties, and we will look to further strengthen our presence in Gurugram in the years ahead.”
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at [email protected] |
Harini is a content management professional with over 12 years of experience. She has contributed articles for various domains, including real estate, finance, health and travel insurance and e-governance. She has in-depth experience in writing well-researched articles on property trends, infrastructure, taxation, real estate projects and related topics. A Bachelor of Science with Honours in Physics, Harini prefers reading motivational books and keeping abreast of the latest developments in the real estate sector.
Related Posts
Godrej Properties launches new residential project in Gurgaon.
Godrej enters into JV with Hero Cycles, for office space development on Golf Course Road.
Godrej Properties to launch Rs 3,000-cr luxury housing project in Gurgaon.
Godrej Properties sells homes worth Rs 2,600 cr in Godrej Aristocrat.
Court cancels non-bailable warrants against Unitech’s MDs.
Curb road dust urgently: EPCA to Delhi, NCR states.
