Godrej Properties Enters Hyderabad Market with Premium Project
Real Estate

Godrej Properties Enters Hyderabad Market with Premium Project

Godrej Properties has made its debut in Hyderabad's booming real estate market with the launch of its maiden residential project, Godrej Madison Avenue, located in Kokapet, a hub for multinational companies. Spanning three acres, the 50-storeyed building will be the company’s tallest residential tower in South India. The project is estimated to generate a booking value of Rs 13 billion, offering approximately 1.2 million square feet of saleable area with premium 3- and 4-BHK apartments. Inspired by Manhattan's architecture and design, the project aims to meet the rising demand for sustainable, wellness-oriented living spaces in prime locations. Gaurav Pandey, Managing Director and CEO of Godrej Properties, stated, "Kokapet’s strategic location and infrastructure advantages make it an ideal destination for premium residential developments." A report by property consultancy Knight Frank highlighted Hyderabad's strong real estate growth in 2024, with a 12% year-on-year increase in residential unit sales, totalling 36,974 units. The city also witnessed an 8% rise in residential prices, reflecting sustained demand from investors and end-users alike. However, residential launches declined by 6%, with 44,013 units introduced last year. With its strategic foray, Godrej Properties aims to tap into Hyderabad’s expanding market fueled by robust economic fundamentals and evolving buyer preferences for aspirational lifestyles. (Business Line)

Godrej Properties has made its debut in Hyderabad's booming real estate market with the launch of its maiden residential project, Godrej Madison Avenue, located in Kokapet, a hub for multinational companies. Spanning three acres, the 50-storeyed building will be the company’s tallest residential tower in South India. The project is estimated to generate a booking value of Rs 13 billion, offering approximately 1.2 million square feet of saleable area with premium 3- and 4-BHK apartments. Inspired by Manhattan's architecture and design, the project aims to meet the rising demand for sustainable, wellness-oriented living spaces in prime locations. Gaurav Pandey, Managing Director and CEO of Godrej Properties, stated, Kokapet’s strategic location and infrastructure advantages make it an ideal destination for premium residential developments. A report by property consultancy Knight Frank highlighted Hyderabad's strong real estate growth in 2024, with a 12% year-on-year increase in residential unit sales, totalling 36,974 units. The city also witnessed an 8% rise in residential prices, reflecting sustained demand from investors and end-users alike. However, residential launches declined by 6%, with 44,013 units introduced last year. With its strategic foray, Godrej Properties aims to tap into Hyderabad’s expanding market fueled by robust economic fundamentals and evolving buyer preferences for aspirational lifestyles. (Business Line)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code