Godrej Properties on Thursday in its regulatory filing said it has sold around 650 homes worth over Rs.2000 crore in its project, Godrej Jardinia, located in sector 146 Noida. The project was launched this month.
“This is Godrej-Properties’ most successful-ever launch in Noida in terms of the values of sales achieved,” the company said.
Gaurav Pandey, MD &CEO, Godrej Properties said, “Noida is an extremely important market for Godrej Properties, and we will look to further strengthen our presence in the city in the years ahead.” Godrej Properties is one of the leading real estate developers in the country. It has a major presence in the Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, and Bengaluru property markets. It has recently entered the Hyderabad market.
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Godrej Properties achieved its best-ever annual sales in the 2023-24 fiscal. In the last financial year, the company’s sales bookings jumped 84% to a record Rs. 22,527 crore, from Rs. 12,232 crore in the preceding year.
For FY24, this is the highest sales reported so far by any listed entity. Godrej Properties has set a target of Rs. 27,000 crore in sales bookings for the current 2024-25 fiscal.
To meet this target, Godrej Properties plans to launch a 21.9 million (219 lakh) square feet area this fiscal with an estimated sales bookings value of Rs. 30,000 crore.
Shares of Godrej Properties Ltd traded at Rs. 2,813.90 apiece on Thursday, May 22.
Godrej Jardinia is a luxury residential project bang on the 6-lane Noida-Greater Noida expressway connecting with the Yamuna expressway. The prime locality and premium amenities render an exquisite lifestyle to aristocrats. The grandiose entrance and advanced security ensure privacy-enabled life in the tranquil atmosphere.
It is a RERA-registered project with world-class facilities pivotal for nobles and seamless connectivity to landmark places. The proximity to workplaces and recreational spheres makes it the best living address for new-age millennials.
