Godrej Properties Big News in Delhi NCR-Godrej Aristocrat 49 Gurgaon
Godrej Properties Ltd would be in focus on Tuesday morning after the real estate developer said it has sold inventory worth over Rs 2,600 crore in its project, Godrej Aristocrat Sector 49 Gurgaon, located in Sector 49 on Golf Course Extension Road, Gurugram.
Godrej Properties claims that the project is most successful launch ever in terms of the value of sales achieved, surpassing the previous best ever launch worth over Rs 2,000 crore at its project, Godrej Tropical Isle in Noida last quarter.
In a filing to BSE, Godrej Properties said the Golf Course Extension Road is an established residential location in Gurugram, which provides access to high-quality social infrastructure and is in close proximity to established commercial establishments on Golf Course Road, Golf Course Extension Road, and Sohna Road.
Godrej Properties
Godrej Aristocrat 49 Gurgaon 3/4 BHK Luxury Apartment It said the area provides good connectivity to key retail, medical, and educational infrastructure and is in proximity to the proposed metro corridor, thereby further improving connectivity across the Gurugram metropolitan area.
MD & CEO Gaurav Pandey said, “We are delighted with the response to our project, Godrej Aristocrat. We’d like to take this opportunity to sincerely thank our customers and all stakeholders for their trust and confidence in Godrej Properties. We will do our best to ensure Godrej Aristocrat offers its residents an outstanding living experience.”
Pandey said Gurugram is an extremely important market for Godrej Properties and that his company hopes to launch four new projects in Gurugram in 2024. Godrej Properties shares are up 59 per cent in 2023 so far. The realty stock is up 7 per cent in the last one month. Real estate developer Godrej Properties on Tuesday, December 26, recorded sales of 600 homes, amounting to ₹2,600 crore, during the launch of its Gurugram project, Godrej Aristocrat Gurgaon.
Godrej Properties Big News in Delhi NCR
In a stock exchange filing, the Mumbai-based real estate developer said that it sold 1.3 million square feet in the project. This marks the company’s most successful debut in terms of sales value, exceeding the previous record set by Godrej Tropical Isle in Noida in the last quarter, which amounted to over ₹2,000 crore.
The Godrej Aristocrat project is located in Sector 49 on Golf Course Extension Road in Gurugram, and it offers access to premium social infrastructure and is located near commercial establishments on Golf Course Road, Golf Course Extension Road, and Sohna Road. The area offers good connectivity to prime retail, medical, and educational infrastructure and is in proximity to the proposed metro corridor.