Godrej Properties Sells Homes Worth ₹1,000 Crore at Godrej Astra Launch

Godrej Properties Limited (GPL), one of India’s top real estate developers, has successfully sold around 90 homes worth over ₹1,000 crore on the launch day of its luxury project, Godrej Astra. This premium residential project is located in the well-known Golf Course Road area of Gurugram and spans approximately 2.76 acres. It offers a combination of modern architecture and top-class amenities.

Prime Location – Golf Course Road, Gurugram

Golf Course Road is a well-developed area known for its high-end residential and commercial properties. With excellent infrastructure and close proximity to major landmarks, the area is a preferred choice for luxury homebuyers. This marks Godrej Properties’ second project in this prime location, further strengthening its presence in the region.

Gaurav Pandey, MD & CEO of Godrej Properties, expressed his gratitude for the strong response to Godrej Astra. He thanked customers and stakeholders for their trust and assured them of delivering a high-quality living experience. He also emphasised that Gurugram is a key market for the company, and they aim to expand further in the coming years.

About Godrej Properties

Godrej Properties follows the Godrej Group’s core values of innovation, sustainability, and excellence. The company combines its 128-year legacy with modern design and technology.

Share Price Movement

As of March 28, 9:47 AM IST, Godrej Properties share price is trading at ₹2,146.00, up by ₹19.80 (0.93%). The stock opened at ₹2,130.00, hitting a high of ₹2,161.00 and a low of ₹2,126.00. The company has a market capitalisation of ₹64.60K crore, a P/E ratio of 40.21, and a 52-week range of ₹1,901.00 to ₹3,402.70.

Key Achievements

• India’s Top Developer (FY 2024) – Achieved the highest value in residential sales.

• Commitment to Green Buildings – Since 2010, all projects have been certified as eco-friendly.

• Global Recognition – Ranked #1 globally in sustainability by the Global Real Estate Sustainability Benchmark in 2020, 2021, and 2022.

• Sustainable Housing Leadership – A founding partner of the Sustainable Housing Leadership Consortium (SHLC) in 2017, promoting environmentally friendly construction.

With a strong focus on sustainability and modern urban living, Godrej Properties continues to set new benchmarks in the Indian real estate sector.

Conclusion

With a successful launch at Godrej Astra, Godrej Properties strengthens its presence in Gurugram’s luxury housing market. 

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