Godrej Properties Sells More Than 600 Flats In Godrej Aristocrat, Gurugram
Godrej Properties Ltd said it has sold more than 600 flats in its new luxury housing project at Gurugram, Haryana. In a regulatory filing, the company said it has "sold inventory worth over Rs 2,600 crore in its project Godrej Aristocrat, located in Sector 49 on Golf Course Extension Road, Gurugram. The company will develop nearly 750 apartments in this 9.5-acre housing project. The starting price is around Rs 4 crore per unit. Godrej Properties said this is its most successful launch ever in terms of the value of sales achieved, surpassing the previous best of over Rs 2,000 crore at its project Godrej Tropical Isle in Noida last quarter. During April-September 2023-24, Godrej Properties achieved 48 per cent growth in its sales booking to Rs 7,288 crore as against Rs 4,929 crore in the year-ago period. Out of the total sales booking of Rs 7,288 crore, the Delhi-NCR market contributed Rs 3,186 crore. Godrej Properties has an aggressive launch pipeline in the second half of this fiscal in four focus markets -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune and Bengaluru. Godrej Properties had sold properties worth Rs 12,232 crore in the previous fiscal.
Tags : Godrej Properties Ltd luxury housing project Tropical Isle aggressive launch pipeline