Godrej Properties Achieves Landmark Sales of Rs 1,000 Crore at Hinjewadi Project
Godrej Properties has recorded impressive sales of Rs 1,000 crore at its residential project, Godrej Evergreen Square, in Pune's Hinjewadi area. The project, which has a developable potential of nearly 2.41 million square feet, has seen the sale of over 1
Godrej PropertiesPuneResidential ProjectReal EstateHinjewadiReal Estate PuneFeb 27, 2025
The project boasts a developable potential of nearly 2.41 million square feet and has an estimated revenue potential of approximately Rs 2,045 crore.
The company has sold over 1,398 homes with a total area of nearly 1.23 million square feet in the project.
Hinjewadi, known for its well-developed social and civic infrastructure, offers residents access to multiple schools, health facilities, retail malls, and entertainment outlets.
Gaurav Pandey, MD & CEO of Godrej Properties, expressed his delight with the project's success, stating,
Frequently Asked Questions
What is the total developable potential of Godrej Evergreen Square?
The total developable potential of Godrej Evergreen Square is nearly 2.41 million square feet.
How many homes have been sold at Godrej Evergreen Square?
Over 1,398 homes have been sold at Godrej Evergreen Square, totaling nearly 1.23 million square feet.
What amenities does Hinjewadi, Pune offer?
Hinjewadi, Pune offers access to multiple schools, health facilities, retail malls, and entertainment outlets.
What is Godrej Properties' equity structure?
Godrej Industries holds 44.77% of Godrej Properties' equity shares as of 31 December 2024.
What was Godrej Properties' financial performance in Q3 December 2024?
In Q3 December 2024, Godrej Properties' net profit surged 161% to Rs 163 crore, and total income jumped 133% to Rs 1,222 crore compared to Q3 December 2023.
Related News Articles
Indian Residential Real Estate Market Reaches Historic Low in Inventory Overhang
The Indian residential real estate market has achieved a significant milestone, with inventory overhang hitting an all-time low, signaling a potential recovery in the sector.
Prince Harry and Meghan Markle Eye Golden Visa with New Portuguese Property
Prince Harry and Meghan Markle are reportedly on track to acquire a ‘Golden Visa’ following their recent investment in property in Portugal. The couple enjoyed a romantic getaway in southern Portugal, which seems to have turned into a real estate opportun
Indo-Singaporean Economic Ties Get a Boost as Business Leaders Announce New Investments
Top business leaders from Singapore announced further investments in India following a meeting with Prime Minister Narendra Modi, highlighting the country's growth prospects and pro-business attitude.
Gold Prices Surge to New Record Highs: What's Next for the Rally?
Gold prices have reached unprecedented levels, driven by a variety of economic and geopolitical factors. As investors seek safe havens, will this bull run continue, or is a correction on the horizon?
Investment Alert: Avoid Metals and Consumer Staples Sectors, Warns Jyotivardhan Jaipuria
Jyotivardhan Jaipuria, Founder & MD of Valentis Advisors, advises against investing in metals and consumer staples sectors due to China's dominance and high valuations.
Maharashtra Government to Build 12,000 Homes for Dabbawalas in Mumbai Under PMAY Scheme
Maharashtra government signs MoU to construct 12,000 houses for dabbawalas in Mumbai under PMAY scheme. 500 sq ft flats to be made available for ₹25 lakh.