Godrej Properties Achieves Milestone with Rs 1,000 Crore Sales in Pune's Godrej Evergreen Square
Godrej Properties successfully sold homes worth Rs 1,000 crore in its new project, Godrej Evergreen Square, located in Hinjewadi, Pune. Launched in November 2024, the project has set a new record for the company in terms of sales volume and value.
PuneReal EstateGodrej PropertiesGodrej Evergreen SquareHinjewadiReal Estate PuneFeb 27, 2025
This achievement comes within just four months of acquiring the land, making it the company's most successful launch in Pune to date.
Launched in November 2024, Godrej Evergreen Square has a developable potential of 2.41 million square feet, with an estimated revenue potential of approximately Rs 2045 crore.
The Mumbai-based real estate developer has sold over 1398 homes with a total area of 1.23 million square feet in the project, based on the current business assumption.
Godrej Evergreen Square offers a variety of options, including 1, 2, and 3 BHK apartments.
The starting price for a 1 BHK measuring 450-500 sq feet ranges between Rs 59.9 lakh and Rs 63.8 lakh.
This project is strategically located in Hinjewadi, an established residential area in Pune that boasts well-developed social and civic infrastructure, including multiple schools, health facilities, retail malls, and entertainment outlets.
The area provides excellent connectivity, with easy access to the Mumbai-Bangalore Highway, Mumbai-Pune Expressway, and other major parts of the city.
The introduction of a metro line connecting Hinjewadi to Shivaji Nagar, with a metro station just 2 minutes away from the project, will significantly enhance the area's connectivity and make daily commuting more convenient.
Gaurav Pandey, MD & CEO of Godrej Properties, expressed his delight with the response to the project.
Frequently Asked Questions
What is the total area of Godrej Evergreen Square?
Godrej Evergreen Square has a developable potential of 2.41 million square feet.
How many homes have been sold in Godrej Evergreen Square?
Over 1398 homes have been sold in the project.
What is the starting price for a 1 BHK apartment in Godrej Evergreen Square?
The starting price for a 1 BHK apartment measuring 450-500 sq feet ranges between Rs 59.9 lakh and Rs 63.8 lakh.
What is the estimated revenue potential of Godrej Evergreen Square?
The estimated revenue potential of Godrej Evergreen Square is approximately Rs 2045 crore.
What is the average rate of residential properties in Pune as of 2024?
The average rate of residential properties in Pune has reached an all-time high of Rs 6,590 per square foot, with an annual increase of 11%.
Related News Articles
Hyderabad's Real Estate Boom: Home Registrations Reach Rs 4288 Cr in June
Hyderabad's real estate market witnesses a significant surge in home registrations, recording a massive Rs 4288 Cr in June
Birla Estate Subsidiary Snaps Up Prime Land Parcel in Mumbai MMR for Rs 537 Crore
Birla Estates, the real estate arm of the Aditya Birla Group, has acquired a prized land parcel in the Mumbai Metropolitan Region for a whopping Rs 537 crore.
Government Policies and RERA's Impact on Real Estate Investments in Pune
Explore how government policies and RERA are reshaping real estate investments in Pune, making it a lucrative market for investors. Discover the role of RERA in ensuring transparency and buyer protection in the real estate sector.
1:1 Bonus Shares by Real Estate Stock: Is Shraddha Prime Projects a Hidden Gem?
Shraddha Prime Projects, a prominent real estate company, has announced a 1:1 bonus share issuance with a record date set for January 24th. Investors are excited about this opportunity. Follow us on Instagram for insightful financial news and market trend
Mumbai's Real Estate Sector Registers Robust Growth in February with Rs 896 Crore in Stamp Duty
Despite being a shorter month, February saw a significant surge in property registrations and stamp duty collections in Mumbai. The city's real estate sector continues to show resilience, with an average of 412 daily property registrations, marking a 4% i
Celebrity Couples Grace Ashutosh Gowariker’s Son’s Wedding: A Star-Studded Affair
Filmmaker Ashutosh Gowariker’s son, Konark Gowariker, got married to Niyati Kanakia, daughter of real estate mogul Rasesh Kanakia, in a lavish ceremony on March 2. The event was attended by several A-list Bollywood celebrities, making it a star-studded af