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%.
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