Godrej Properties Sells Land Valued Over ₹1,000 Crore at First Plotted Development
Godrej Properties has set a new record with land sales valued over ₹1,000 crore at its first plotted development in Panipat, Evora Estate. The 43-acre Mediterranean-themed project sold over 600 plots covering 8 lakh square feet since its December 2025 launch, representing the company's most successful plotted development by sales value and strengthening its position as India's largest developer by residential sales value.

*this image is generated using AI for illustrative purposes only.
Godrej Properties Limited has achieved a remarkable milestone with the launch of its premium plotted development, Evora Estate, in Panipat. The company announced record land sales valued over ₹1,000 crore, marking its most successful plotted development launch by sales value to date.
Record-Breaking Sales Performance
Since its launch in December 2025, Evora Estate has demonstrated exceptional market response with impressive sales figures:
| Parameter: | Details |
|---|---|
| Total Sales Value: | Over ₹1,000 crore |
| Plots Sold: | Over 600 plots |
| Saleable Area: | Around 8 lakh square feet |
| Launch Period: | December 2025 |
| Project Status: | First project in Panipat |
Project Overview and Strategic Location
Evora Estate represents Godrej Properties' strategic expansion into the Panipat market. The development spans 43 acres and is strategically positioned on NH 44A, offering excellent connectivity and accessibility. The project features a refined Mediterranean theme, complete with a luxurious clubhouse and premium lifestyle amenities designed to cater to discerning homebuyers.
This marks the company's fourth addition to its portfolio of residential plotted townships in North India, demonstrating its continued focus on expanding its presence in emerging markets across the region.
Market Positioning and Infrastructure Development
Panipat's emergence as an attractive residential destination has been driven by sustained infrastructure improvements. The city has benefited from enhanced connectivity via NH-44 and a strengthened transport and industrial network. These developments are positioning Panipat as a promising residential catchment in North India, contributing to the strong market response for Evora Estate.
Management Commentary
Gaurav Pandey, MD & CEO of Godrej Properties, expressed satisfaction with the project's reception: "We are deeply encouraged by the response to Evora Estate, our first plotted development in Panipat. This milestone reinforces our belief that customers across emerging markets are seeking thoughtfully designed neighbourhoods that offer long-term value and a meaningful quality of life."
He further emphasized the company's commitment to expansion in Haryana, stating that their focus will remain on creating high-quality, sustainable living environments that contribute positively to the communities they serve.
Company's Market Leadership
Godrej Properties continues to maintain its position as a leading real estate developer in India. In FY 2025, the company retained its position as India's largest developer by the value of residential sales achieved. The company has received over 500 awards and recognitions in recent years, including Developer of the Year at the GRI India Awards 2024 and various sustainability rankings from global benchmarking organizations.
Historical Stock Returns for Godrej Properties
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.85% | +1.23% | -22.59% | -23.92% | -33.90% | +18.02% |























