Godrej Properties Share Price In Focus As It Achieves ₹2,000 Crore Sales At Noida Luxury Launch

Godrej Properties share price is on focus on Tuesday. sold homes worth over ₹2,000 crore at the launch of Godrej Riverine in Noida. This was originally launched in March 2025 and covers over 9 lakh square feet. It spans 6.46 acres og land and comprises luxury residential apartments. It is located in Sector 44, Noida.
Godrej Properties’ Strong Presence in Noida
This is Godrej Properties’ third consecutive ₹2,000 crore+ launch in Noida. They had previously sold over ₹2,000 crore in Godrej Jardinia and Godrej Tropical Isle. These launches were in Greater Noida, Sector 146. Gaurav Pandey stated that Noida is a key market for the company. They aim to strengthen their presence in the region.
Godrej Properties’ Sales in Gurugram and Hyderabad
Godrej Properties sold around 90 homes worth ₹1,000 crore in Gurugram. This was at the launch of Godrej Astra which is located on Golf Course Road. It spans approximately 2.76 acres and is well-connected to key landmarks. This was their second project in the area.
Godrej Properties also sold homes worth over ₹1,000 crore in Kokapet, Hyderabad. The total area sold was around 0.84 million square feet. This was at the Godrej Madison Avenue, which was their first project in Hyderabad. The project was initially launched in January 2025.
Godrej Properties’ Land Acquisition in Bengaluru
Godrej Properties has acquired around 10 acres of land in Yelahanka, Bengaluru. The revenue potential of their project is ₹2,500 crore. The project’s developable potential is around 1.5 million square feet. It will primarily comprise premium residential units. It will also include high-street retail.
Godrej Properties’ Share Price Performance
Godrej Properties is experiencing strong sales in its luxury projects. Despite stock decline, its real estate launches show significant demand. However, Godrej Properties share price ended the previous session flat at ₹2,126.8 apiece. The stock has declined 23.4% this year so far.
On Tuesday, at 10.41 AM. Godrej Properties share price was down 2.07% and was tradin at ₹2,085.55.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 1, 2025, 11:08 AM IST

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