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Business

Godrej Properties Sells Homes Worth ₹2,000 Crore in Noida’s Luxury Project Launch

Ankita Das
Last updated: April 1, 2025 12:14 pm
Ankita Das
Godrej Properties Sells Homes Worth ₹2,000 Crore in Noida

On April 1, 2025, Godrej Properties announced that it sold homes worth over ₹2,000 crore at the launch of its luxury project, Godrej Riverine, in Sector 44, Noida. The project, which covers 6.46 acres of land, includes high-end residential apartments in various sizes. This is the third time Godrej Properties has achieved sales of over ₹2,000 crore at a launch in Noida. Previously, they sold similar value homes at their projects Godrej Jardinia and Godrej Tropical Isle in Noida.

Gaurav Pandey, the Managing Director and CEO of Godrej Properties, stated, “Noida is an important market for us, and we aim to continue growing in this area in the future.”

Recently, Godrej Properties also sold 90 homes worth ₹1,000 crore at its Godrej Astra project in Gurugram, which is located on Golf Course Road. This is the company’s second project in the area.

Read More: Godrej Astra Shatters Records! ₹1,000 Crore Sold in a Day – What’s the Secret?

In addition, the company recently launched the Godrej Madison Avenue project in Hyderabad, where they sold homes worth over ₹1,000 crore in just one day. The project, which was launched in January 2025, is their first in Hyderabad.

Last month, Godrej Properties also acquired 10 acres of land in Yelahanka, Bengaluru, which has the potential to generate ₹2,500 crore in revenue. The project will include premium homes and high-street retail spaces.

Despite these successes, Godrej Properties’ stock ended flat at ₹2,126.8 per share, though it has declined 23.4% so far this year.

TAGGED:Godrej PropertiesGodrej RiverineLuxury Real EstateNoida Property MarketProperty Launch IndiaReal Estate News
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