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
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code