Godrej Properties gets Rs 575 cr from home sales in Noida project
Real Estate

Godrej Properties gets Rs 575 cr from home sales in Noida project

On the launch day of the second phase of its Godrej Woods project in Noida, Godrej Properties Limited (GPL) announced that it had sold 340 homes totalling half a million square feet for Rs 575 crore.

The response to the forest-themed phase of the project, Evergreen, has pushed total sales to around Rs 1,140 crore in the last six months, according to the Mumbai-based real estate developer.

Mohit Malhotra, Chief Executive Officer and Managing Director of Godrej Properties expressed his delight with the response to Godrej Woods.

As per Malhotra, Noida is a crucial city for the company, and they plan to build on this momentum in the coming years.

He cited that the company will do everything possible to ensure that the customers at Godrej Woods receive an excellent project.

Godrej Properties entered the property market in the National Capital Region (NCR) in 2010 and has since added 17 projects in five cities. It has completed six projects in the region.

As the real estate sector recovers from the second wave of the pandemic, NCR, India's largest property market, has seen a gradual recovery, similar to other cities.

Image Source


Also read: Godrej Properties reports net profit of Rs 17 cr in Q1 FY22

Also read: Godrej Properties to invest above $1 bn in coming years

On the launch day of the second phase of its Godrej Woods project in Noida, Godrej Properties Limited (GPL) announced that it had sold 340 homes totalling half a million square feet for Rs 575 crore. The response to the forest-themed phase of the project, Evergreen, has pushed total sales to around Rs 1,140 crore in the last six months, according to the Mumbai-based real estate developer. Mohit Malhotra, Chief Executive Officer and Managing Director of Godrej Properties expressed his delight with the response to Godrej Woods. As per Malhotra, Noida is a crucial city for the company, and they plan to build on this momentum in the coming years. He cited that the company will do everything possible to ensure that the customers at Godrej Woods receive an excellent project. Godrej Properties entered the property market in the National Capital Region (NCR) in 2010 and has since added 17 projects in five cities. It has completed six projects in the region. As the real estate sector recovers from the second wave of the pandemic, NCR, India's largest property market, has seen a gradual recovery, similar to other cities. Image SourceAlso read: Godrej Properties reports net profit of Rs 17 cr in Q1 FY22 Also read: Godrej Properties to invest above $1 bn in coming years

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement