Godrej Properties Registers Impressive Rs 1000 Crore Sales in New Pune Project
Godrej Properties has recorded significant sales of Rs 1000 crore from its newly launched project, Godrej Evergreen Square, in Pune. This marks a milestone in the company's residential real estate ventures.
Godrej PropertiesPuneReal EstateSalesGodrej Evergreen SquareReal Estate PuneFeb 27, 2025
The project has generated sales of Rs 1,000 crore, with over 1,398 homes sold, covering a total area of 1.23 million square feet.
The Mumbai-based real estate developer launched Godrej Evergreen Square in November 2024, just four months after acquiring the land.
According to a regulatory filing, this launch has become GSL’s most successful in Pune in terms of both value and volume of sales.
Godrej Evergreen Square has a developable potential of 2.41 million square feet, with an estimated revenue potential of approximately Rs 2,045 crore.
This significant project enhances Godrej Properties' presence in the western suburbs of Pune.
Gaurav Pandey, MD & CEO of Godrej Properties, expressed his delight with the project's response.
“We are thrilled with the overwhelming response to Godrej Evergreen Square.
This has now become the best-ever launch in Pune residential real estate.
We would like to extend our sincere thanks to our customers and all stakeholders for their trust and confidence in Godrej Properties.
We are committed to ensuring that Godrej Evergreen Square offers an outstanding living experience for its residents,” he stated.
The shares of Godrej Properties, however, closed 2.23% lower at Rs 1,986.20 on the BSE on Tuesday.
Despite this, the company's recent success in Godrej Evergreen Square is expected to positively impact market sentiment and investor confidence.
Godrej Properties is one of India’s leading real estate developers, known for its high-quality projects and commitment to sustainable development.
The company's strong performance in Pune further solidifies its position in the competitive real estate market.
With the successful launch of Godrej Evergreen Square, Godrej Properties continues to set new benchmarks in the residential real estate sector, promising a bright future for both the company and its residential communities.
Frequently Asked Questions
What is the name of the new project launched by Godrej Properties in Pune?
The new project launched by Godrej Properties in Pune is called Godrej Evergreen Square.
How much sales has Godrej Properties achieved from the Godrej Evergreen Square project?
Godrej Properties has achieved sales of Rs 1,000 crore from the Godrej Evergreen Square project.
How many homes were sold in the Godrej Evergreen Square project?
Over 1,398 homes were sold in the Godrej Evergreen Square project.
What is the developable potential of Godrej Evergreen Square?
Godrej Evergreen Square has a developable potential of 2.41 million square feet.
Who is the CEO of Godrej Properties?
Gaurav Pandey is the MD & CEO of Godrej Properties.
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