+
Godrej Properties' Debut Hyderabad Project Achieves Rs 10 Bn Sales
Real Estate

Godrej Properties' Debut Hyderabad Project Achieves Rs 10 Bn Sales

Godrej Properties has achieved a significant milestone with its first housing project in Hyderabad, selling over 0.84 million square feet of residential space valued at more than Rs 10 billion.

Situated in the thriving Kokapet neighbourhood, Godrej Madison Avenue was launched in January and saw over 300 homes sold within weeks. The project benefits from its strategic location, offering seamless connectivity to HITEC City, Gachibowli, the financial district, and the Outer Ring Road.

“We are thrilled with the response to our first project in Hyderabad. This success underscores the immense growth potential for Godrej Properties in the city and the strong demand for premium residential developments in Kokapet," said Gaurav Pandey, MD & CEO, Godrej Properties.

Buoyed by this success, the company is set to launch a second project in Hyderabad shortly.

Expansion in Southern India In addition to its Hyderabad ventures, Godrej Properties recently acquired a 10-acre land parcel in Yelahanka, North Bengaluru, for a premium residential and retail project spanning approximately 1.5 million square feet, expected to generate revenue exceeding Rs 25 billion.

Godrej Properties has achieved a significant milestone with its first housing project in Hyderabad, selling over 0.84 million square feet of residential space valued at more than Rs 10 billion. Situated in the thriving Kokapet neighbourhood, Godrej Madison Avenue was launched in January and saw over 300 homes sold within weeks. The project benefits from its strategic location, offering seamless connectivity to HITEC City, Gachibowli, the financial district, and the Outer Ring Road. “We are thrilled with the response to our first project in Hyderabad. This success underscores the immense growth potential for Godrej Properties in the city and the strong demand for premium residential developments in Kokapet, said Gaurav Pandey, MD & CEO, Godrej Properties. Buoyed by this success, the company is set to launch a second project in Hyderabad shortly. Expansion in Southern India In addition to its Hyderabad ventures, Godrej Properties recently acquired a 10-acre land parcel in Yelahanka, North Bengaluru, for a premium residential and retail project spanning approximately 1.5 million square feet, expected to generate revenue exceeding Rs 25 billion.

Next Story
Infrastructure Transport

Cabinet Clears Rs 15.07 Bn Greenfield Airport Project in Kota-Bundi

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the Airports Authority of India’s (AAI) proposal for the development of a Greenfield Airport at Kota-Bundi, Rajasthan, at an estimated cost of Rs 15.07 billion.Kota, located on the banks of the Chambal River, is widely recognised as the industrial capital of Rajasthan and a prominent educational coaching hub. To support the region’s growing needs, the Government of Rajasthan has handed over 440.06 hectares of land to AAI for the project.The new Greenfield Airport will be designed to handle oper..

Next Story
Infrastructure Urban

Govt may extend MSME NPA classification period to 180 days

The Union government is considering a proposal to extend the non-performing asset (NPA) classification period for loans to micro, small and medium enterprises (MSMEs) from the existing 90 days to 180 days, according to a senior government official who requested anonymity.“The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon,” the official said.The move is expected to provide relief to cash-strapped MSMEs, especially against the backdrop of steep US tariffs, giving them more time to regularise their loan repayments.Ne..

Next Story
Infrastructure Urban

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

FedEx has partnered with the Indian Institute of Technology (IIT) Madras to inaugurate the SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) on the institute’s campus. The facility will drive innovation in sustainable and AI-driven logistics solutions. Backed by a five-year $5 million grant from FedEx, the SMART Centre aims to combine advanced research, digital technologies, and industry expertise to transform supply chains with a focus on agility, resilience, and environmental responsibility.The centre will also spearhead interdisciplinary projects in ar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?