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Godrej Properties eyes Rs 3,000 crore revenue from new luxury housing project in Gurugram

Realty firm Godrej Properties will soon launch a luxury housing project in Gurugram with an estimated revenue potential of around Rs 3,000 crore as it seeks to encash a rise in demand for premium residential properties. The company will develop nearly 750 apartments in a 9.5-acre housing project

gurugram: Godrej Properties eyes Rs 3,000 cr revenue from new luxury housing project in Gurugram

Godrej Properties gears up for a luxury housing project in Gurugram, estimating a Rs 3,000 crore revenue. Godrej Aristocrat will offer 750 apartments starting at Rs 4 crore each, already attracting over 1,200 potential buyers. Despite soaring prices, Gurugram s market remains strong. The firm targets a significant sales goal of Rs 14,000 crore this fiscal, eyeing launches in Delhi-NCR, Noida, Gurugram, and other key cities. Amid a 48% sales growth, its consolidated net profit rose by 22% to Rs 66.80 crore.

Godrej Properties eyes Rs 3,000 cr revenue from new luxury housing project in Gurugram

According to real estate consultants, Godrej Properties has started seeking expressions of interest (EOI) from potential homebuyers and already received more than 1,200 EOIs.

We now have our strongest ever residential project pipeline, says Godrej Properties MD - Industry News

We now have our strongest ever residential project pipeline, says Godrej Properties MD - Industry News
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