Godrej Properties Achieves Record Sales at Pune’s Evergreen Square Project

Godrej Properties has achieved a significant milestone by selling homes worth over Rs 1,000 crore at the Evergreen Square project in Hinjawadi, Pune, just months after its launch in November 2024.

Godrej PropertiesPuneReal EstateEvergreen SquareHinjawadiReal Estate PuneFeb 27, 2025

Godrej Properties Achieves Record Sales at Pune’s Evergreen Square Project
Real Estate Pune:Real estate major Godrej Properties has announced the successful sale of inventory worth more than Rs 1,000 crore at the Evergreen Square housing project in the Hinjawadi suburb of Pune, Maharashtra.
The project, which was launched just four months after acquiring the land in November 2024, has the potential to generate around Rs 2,045 crore in revenue for the company.

According to Gaurav Pandey, Managing Director and Chief Executive Officer of Godrej Properties, the Evergreen Square project has received an overwhelming response from the market.
\

Frequently Asked Questions

What is the total value of sales achieved by Godrej Properties at the Evergreen Square project?

Godrej Properties has sold inventory worth over Rs 1,000 crore at the Evergreen Square project in Hinjawadi, Pune.

When was the Evergreen Square project launched?

The Evergreen Square project was launched in November 2024.

What is the development potential of the Evergreen Square project?

The Evergreen Square project has a development potential of around 2.41 million square feet.

What are the key features of the Hinjawadi area that make it attractive for real estate development?

Hinjawadi, known as the tech hub of Pune, offers excellent connectivity, including the upcoming Line 3 of the Pune Metro, proximity to major highways, and a variety of amenities such as schools, health facilities, and retail and entertainment options.

What is the stock price of Godrej Properties on the National Stock Exchange?

On the National Stock Exchange, Godrej Properties' shares traded steady at Rs 1,983.15 apiece at 09:42 am on February 27, 2025.

Related News Articles

What's Next for Real Estate? Expectations from the New Government
Real Estate Mumbai

What's Next for Real Estate? Expectations from the New Government

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

June 5, 2024
Read Article
Improving Response to Surveys from High-Income Groups: A Collaborative Effort
Real Estate

Improving Response to Surveys from High-Income Groups: A Collaborative Effort

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

September 20, 2024
Read Article
Mahesh Jethmalani on Adani Case: No Allegation of Bribery in India
real estate news

Mahesh Jethmalani on Adani Case: No Allegation of Bribery in India

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

November 27, 2024
Read Article
Analysts Bullish on HUDCO, Anant Raj, and Other Top Stocks for 2023
Real Estate

Analysts Bullish on HUDCO, Anant Raj, and Other Top Stocks for 2023

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

December 17, 2024
Read Article
Vishal Garg Shuts Down and Lays Off Better.com's Real Estate Unit
Real Estate

Vishal Garg Shuts Down and Lays Off Better.com's Real Estate Unit

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

February 11, 2025
Read Article
Mumbai Real Estate Market Shows Signs of Stability and Growth
Real Estate Maharashtra

Mumbai Real Estate Market Shows Signs of Stability and Growth

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.

March 9, 2025
Read Article