Godrej sets new record, sells 2BHKs & 3BHKs worth Rs 3000 Cr in three days | Real Estate Update

In a latest development, Godrej Properties has sold over 1050 homes worth Rs 3000 Crore in Godrej Zenith situated at Gurugram in the span of three days. A report by SURFACES REPORTER.

Gurugram, the most sought-after destinations in the National Capital Region (NCR) is witnessing strong upward trend in realty market off late. Recently, Godrej Properties Ltd. has sold over 1,050 homes worth over Rs 3,000 crore at its Gurugram project, Godrej Zenith, within a span of three days.

Being termed as the 'most successful launch' for Godrej Properties, Godrej Zenith has 2 BHKs, 3 BHKs and 4BHKs. Among them, the smaller size units sold better. According to the Gurugram property consultants, due to the recent dearth of smaller units in the market, the lower ticket size 2 BHKs got sold out first, followed by the smaller 3 BHKs that are around 1700-1800 square feet. Godrej is still left with some bigger-sized 3 and 4 BHKs.

“We are delighted with the response to our project, Godrej Zenith. Gurugram is an extremely important market for Godrej Properties, and we will look to further strengthen our presence in Gurugram in the years ahead," said Gaurav Pandey, MD ane CEO, Godrej Properties.

With the hope of strengthening its presence in Gurugram, the real estate arm of Godrej Group is expected to launch new projects in Sector 103, Sector 43, and Sector 54 soon.

Recently, Godrej Properties has sold inventory worth around Rs 2,690 crores in its project 'Godrej Reserve' located in Kandivali, Mumbai. This project has a developable potential of 3.72 million square feet with an estimated revenue potential of about Rs 7,000 crore.

(With inputs from NDTV Profit and Economic Times)


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