+
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

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?