Godrej Properties Achieves Unprecedented Success in Bengaluru with Rs 3,150 Crore Sales

Godrej Properties Ltd has sold over 2,000 homes worth over Rs 3,150 crore in its project, Godrej Woodscapes, located at Whitefield-Budigere Cross in Bengaluru, marking a major milestone for the company.

Godrej PropertiesBengaluruReal EstateSouth IndiaResidential SalesReal Estate MumbaiJul 03, 2024

Godrej Properties Achieves Unprecedented Success in Bengaluru with Rs 3,150 Crore Sales
Real Estate Mumbai:Godrej Properties Ltd has achieved a significant milestone with the sale of over 2,000 homes worth Rs 3,150 crore in its project, Godrej Woodscapes, located at Whitefield-Budigere Cross in Bengaluru. This project is the most successful launch for the company in terms of both value and volume. The total area of the project spans 3.4 million square feet, making it a massive undertaking for the Mumbai-based real estate developer.

The company has seen incredible success with Godrej Woodscapes, achieving over 500% growth in sales compared to the previous quarter in Bengaluru. In just the first quarter of the financial year 2024-2025, the company has already surpassed its entire sales target for South India for the previous year. This is Godrej Properties' most successful launch ever, with the company achieving Rs 3,000 crore sales in the past three months.\n\nGodrej Properties has had a fantastic track record with its project launches, with six projects selling over Rs 2,000 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. The company plans to launch many new projects in 2025, especially in Bengaluru, and is also entering the Hyderabad market to strengthen its presence in South India.\n\nGaurav Pandey, MD and CEO of Godrej Properties, expressed his delight with the response to Godrej Woodscapes, stating,

'We will strive to ensure Godrej Woodscapes provides its residents with an exceptional living experience.' He also emphasized the importance of South India for Godrej Properties, with plans to further strengthen the company's presence in the region.\n\n Information Godrej Properties Ltd is a leading Indian real estate developer with a strong presence in various cities across the country. The company has emerged as the largest developer in India by the value and volume of residential sales in FY 2021.

Godrej Properties Ltd is a part of the Godrej Group, one of India's most trusted and diversified conglomerates. With a rich legacy of over 125 years, the Godrej Group has a strong presence in various industries, including real estate, consumer goods, and more.

Frequently Asked Questions

How much is the total value of homes sold in Godrej Woodscapes project?

The total value of homes sold in Godrej Woodscapes project is over Rs 3,150 crore.

What is the total area of the Godrej Woodscapes project?

The total area of the Godrej Woodscapes project is 3.4 million square feet.

How many projects has Godrej Properties launched that have sold over Rs 2,000 crore?

Godrej Properties has launched six projects that have sold over Rs 2,000 crore, including Godrej Jardinia in Noida, Godrej Zenith in Gurgaon, Godrej Reserve in Kandivali, Godrej Aristocrat in Gurgaon, and Godrej Tropical Isle in Noida.

What is Godrej Properties' plan for the Hyderabad market?

Godrej Properties is entering the Hyderabad market and plans to strengthen its presence in South India.

What is Godrej Properties' ranking in terms of residential sales in FY 2021?

Godrej Properties emerged as the largest developer in India by the value and volume of residential sales in FY 2021.

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