Godrej Properties Makes Stellar Debut in Hyderabad with ₹1,000 Crore Sales

1 min read   |   Updated on 25 Mar 2025, 08:34 AM
scanxBy ScanX News Team
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Overview

Godrej Properties Ltd. (GPL) has successfully entered the Hyderabad market with its first project, Godrej Madison Avenue, achieving sales over ₹1,000 crore. Located in Kokapet, the project has sold over 300 homes covering 0.84 million square feet since its January 2025 launch. The company plans to launch a second project in Hyderabad soon, building on this success. GPL, recognized as India's largest developer by residential sales value in FY 2024, continues to focus on sustainable development practices.

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*this image is generated using AI for illustrative purposes only.

Godrej Properties Ltd. (GPL), a leading Indian real estate developer, has made a remarkable entry into the Hyderabad market with its first project, Godrej Madison Avenue, achieving sales of over ₹1,000.00 crore. This successful launch marks a significant milestone for the company as it expands its presence in Southern India.

Project Details

Godrej Madison Avenue, located in the sought-after area of Kokapet, Hyderabad, has seen tremendous demand since its launch in January 2025. The project has already sold over 300 homes, covering a total area of approximately 0.84 million square feet.

Strategic Location

The project's success can be attributed to its prime location on the well-developed Golden Mile Road in Kokapet. The area offers:

  • Proximity to reputed schools and health facilities
  • Easy access to neighborhood retail and premium lifestyle offerings
  • Seamless connectivity to Outer Ring Road, Financial District, Gachibowli, and HITEC City

Company's Perspective

Gaurav Pandey, MD & CEO of Godrej Properties, expressed enthusiasm about the project's reception, stating, "We are thrilled with the response to our first project in Hyderabad. This success reiterates the huge growth opportunity available to Godrej Properties in Hyderabad and the strong demand for premium residential developments in Kokapet."

Future Plans

The company's successful entry into Hyderabad has bolstered its confidence in the market. Pandey added, "This success also strengthens our commitment to expanding in Hyderabad where we will be launching a second project shortly."

Company Background

Godrej Properties, part of the Godrej Industries Group, brings a 128-year legacy of excellence and trust to the real estate industry. The company has been recognized as the largest developer in India by the value of residential sales achieved in FY 2024.

Sustainability Focus

GPL has maintained a strong commitment to sustainable development:

  • Since 2010, all GPL developments are third-party certified green buildings
  • Ranked #1 globally amongst listed residential developers for sustainability and governance practices by the Global Real Estate Sustainability Benchmark in 2020, 2021, and 2022
  • Founding partner of the Sustainable Housing Leadership Consortium (SHLC)

Conclusion

The successful launch of Godrej Madison Avenue in Hyderabad demonstrates the company's ability to expand into new markets and meet the growing demand for premium residential properties in emerging urban centers.

Historical Stock Returns for Godrej Properties

1 Day5 Days1 Month6 Months1 Year5 Years
+0.16%-0.67%+9.98%-32.63%-7.41%+260.31%

Godrej Properties Expands Footprint in Bengaluru with 10-Acre Land Acquisition

1 min read   |   Updated on 24 Mar 2025, 05:55 AM
scanxBy ScanX News Team
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Overview

Godrej Properties has acquired approximately 10 acres of land in Yelahanka, North Bengaluru. The project has an estimated revenue potential of ₹25 billion (₹2,500 crore). This strategic move aims to strengthen the company's presence in Bengaluru's real estate market. The location is notable for its proximity to Kempegowda International Airport and growing infrastructure.

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*this image is generated using AI for illustrative purposes only.

Godrej Properties , a leading real estate developer in India, has made a significant move to strengthen its presence in the Bengaluru market. The company has recently acquired approximately 10 acres of land in Yelahanka, a rapidly developing suburb in North Bengaluru.

Strategic Expansion in Bengaluru

The acquisition marks another strategic step for Godrej Properties in expanding its portfolio in one of India's most dynamic real estate markets. Yelahanka, known for its proximity to the Kempegowda International Airport and its growing infrastructure, has become an attractive location for real estate development in recent years.

Potential Revenue Impact

According to company estimates, this new project has a significant revenue potential of ₹25.00 billion (₹2,500.00 crore). This substantial figure underscores the scale and ambition of Godrej Properties' plans for the newly acquired land.

Project Prospects

While specific details about the planned development are yet to be announced, the size of the land parcel and the estimated revenue potential suggest that Godrej Properties may be considering a large-scale residential or mixed-use project. The company has a track record of developing premium residential properties, and this new acquisition could further cement its position in the Bengaluru real estate market.

Market Implications

This move by Godrej Properties reflects the ongoing demand for quality real estate in Bengaluru, particularly in emerging areas like Yelahanka. The significant revenue potential of the project also indicates the company's confidence in the long-term prospects of the Bengaluru real estate market.

As more details emerge about the specific plans for this newly acquired land, investors and potential homebuyers will be keenly watching how Godrej Properties leverages this opportunity to create value in one of India's most competitive real estate markets.

Historical Stock Returns for Godrej Properties

1 Day5 Days1 Month6 Months1 Year5 Years
+0.16%-0.67%+9.98%-32.63%-7.41%+260.31%
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