Godrej Properties sold 1,050 luxury houses worth more than Rs 3000 crore in Gurugram in just 3 days.

(*3*)Godrej Properties sold 1,050 luxury houses worth more than Rs 3000 crore in Gurugram in just 3 days.

Godrej Properties sold more than 1,050 houses worth more than Rs 3,000 crore in just three days. Due to this, excited buyers attacked the corporate’s inventory and it reached a brand new excessive of 52 weeks.

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Real property firm Godrej Properties Ltd has sold more than 1,050 houses worth more than Rs 3,000 crore inside three days of launching its new undertaking in Gurugram. After this replace of the corporate, shares of Godrej Property reached a excessive of Rs 2692. This is its new excessive of 52 weeks. Around 12 midday the inventory was buying and selling up 6.16 % at Rs 2454.45.

This achievement by Godrej Properties displays the sturdy gross sales momentum in the residential sector. The residential initiatives launched in Gurugram in the final 18 months have been profitable. Apartments there are sold out inside a couple of days of being put up on the market.

The firm stated in the data given to the inventory market, “This has been essentially the most profitable undertaking of Godrej Properties thus far in phrases of worth and gross sales.”

This undertaking is GPL’s largest residential improvement in Gurugram. Gaurav Pandey, Managing Director and CEO, Godrej Properties, stated, “Gurugram is a vital marketplace for Godrej Properties. We will look to additional strengthen our presence in Gurugram in the approaching years.”

473 % soar in gross sales on annual foundation

“The firm recorded 473 per cent YoY progress in gross sales in Gurugram in FY 2023-24 and gives a robust base for FY 2024-25,” GPL stated. Godrej Properties is a part of the enterprise conglomerate Godrej Group. It is likely one of the main builders in the nation. It primarily develops residential initiatives in Mumbai Metropolitan Region, Delhi-National Capital Region, Pune and Bengaluru. It has not too long ago entered the Hyderabad market.

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