Godrej Properties Achieves Milestone with Rs 3150 Crore Sales in Bengaluru Project

Godrej Properties Ltd has sold over 2,000 homes worth over Rs 3,150 crore in its project, Godrej Woodscapes, located in Whitefield-Budigere Cross, Bengaluru.

Godrej PropertiesBengaluruReal EstateIndiaProperty SalesReal Estate MumbaiJul 02, 2024

Godrej Properties Achieves Milestone with Rs 3150 Crore Sales in Bengaluru Project
Real Estate Mumbai:Godrej Properties Ltd, a leading Indian real estate developer, has achieved a major milestone by selling over 2,000 homes worth over Rs 3,150 crore in its project, Godrej Woodscapes, located in Whitefield-Budigere Cross, Bengaluru. This project is the most successful launch both in terms of value and volume, with the company already surpassing its entire sales target for South India for the previous year in just the first quarter of the financial year 2024-2025.\n\nGodrej Woodscapes is the second project this quarter to exceed Rs 2000 crore in sales, with the total area of the project being 3.4 million square feet. The company has seen incredible success with this project, achieving over 500 per cent growth in sales compared to the previous quarter in Bengaluru.\n\nOver the past year, the company has had six project launches each selling over Rs 2000 crore right at launch. These projects include Godrej Jardinia in Noida, Godrej Zenith in Gurgaon, Godrej Reserve in Kandivali, Godrej Aristocrat in Gurgaon, and Godrej Tropical Isle in Noida.\n\nThe company plans to strengthen its presence in South India, with many new projects planned for 2025, especially in Bengaluru. Apart from the existing projects, the company is entering the Hyderabad market.\n\nGaurav Pandey, MD and CEO of Godrej Properties, said, \

Frequently Asked Questions

How much is the total sales value of Godrej Woodscapes project?

Over Rs 3,150 crore

Where is Godrej Woodscapes project located?

Whitefield-Budigere Cross, Bengaluru

What is the total area of Godrej Woodscapes project?

3.4 million square feet

How many homes have been sold in Godrej Woodscapes project?

Over 2,000 homes

What is Godrej Properties' plan for strengthening its presence in South India?

The company plans to launch many new projects in 2025, especially in Bengaluru, and is also entering the Hyderabad market.

Tags:

Related News Articles

Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections
Real Estate

Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections

Discover the latest trends, challenges, and opportunities in the real estate insurance market, featuring key players, regional analysis, and market segmentation.

June 22, 2024
Read Article
Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High
Real Estate Pune

Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High

The number of real estate transactions in Pune has increased significantly, with registered transactions surging by 50% in the April-June 2024 quarter.

August 12, 2024
Read Article
Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4
Real Estate Mumbai

Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4

The Election Commission of India has announced the dates for the Haryana and Jammu & Kashmir assembly elections. The polls will be held in a single phase on October 21, and the results will be declared on October 4.

August 16, 2024
Read Article
Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue
Real Estate

Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue

Century Textiles plans to develop the land through its real estate subsidiary Birla Estates, expecting ₹14,000 crore in revenue from the project.

September 10, 2024
Read Article
Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals
real estate news

Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals

Be cautious with real estate deals today, as a temporary decline in assets may occur. However, this setback will be short-lived.

September 14, 2024
Read Article
DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore
real estate news

DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore

DLF, India's leading real estate firm in terms of market capitalization, has reported a remarkable surge in its Q2 net profit, jumping over twofold to ₹1381 crore. The company, primarily engaged in the development and sale of residential and commercial pr

October 25, 2024
Read Article