Godrej Properties Ltd has announced the sale of approximately 650 homes worth over Rs 2,000 crore in the Godrej Jardinia project located in Sector 146, Noida. This landmark achievement not only underscores the company’s prowess in the real estate sector but also highlights the burgeoning demand for quality residential offerings in Noida’s vibrant market. Gaurav Pandey, MD & CEO of Godrej Properties, expressed elation at the success of the Godrej Jardinia launch, emphasizing the significance of Noida as a strategic market for the company. He affirmed the company’s commitment to further fortifying its presence in the city, reflecting a bullish outlook on Noida’s growth trajectory and its potential as a lucrative investment destination.
The success of Godrej Jardinia follows the impressive performance of Godrej Tropical Isle last year and marks the fourth launch with sales exceeding Rs 2000 crore in the National Capital Region (NCR) within the past year. Sector 146, where Godrej Jardinia is situated, holds immense promise as a burgeoning residential hub, owing to its strategic location and access to key infrastructure. Residents of Sector 146 enjoy proximity to major employment hubs, educational institutions, healthcare facilities, and entertainment zones, making it an ideal choice for homebuyers seeking convenience and quality living.
In the previous financial year, Godrej Properties made significant strides in expanding its land portfolio, acquiring 10 land parcels, eight of which were outright purchases, to develop housing projects valued at over Rs 21,000 crore. This proactive approach to land acquisition underscores the company’s commitment to capitalizing on growth opportunities and meeting the evolving needs of homebuyers. Looking ahead, Godrej Properties aims to build on its success by procuring additional land parcels to fuel its ambitious growth targets and deliver superior value to its customers.
An investor presentation by Godrej Properties revealed plans to add 10 new projects with an anticipated future booking value of Rs 21,225 crore. These projects encompass a diverse range of residential offerings, catering to varying preferences and budgets of homebuyers. Furthermore, the company’s strategic vision extends beyond sales targets, encompassing sustainability initiatives, community development projects, and technological innovations aimed at enhancing the overall living experience for residents.
The remarkable sales achievement of Godrej Jardinia underscores the company’s commitment to excellence, innovation, and customer satisfaction. By consistently delivering high-quality residential projects and embracing sustainable practices, Godrej Properties is poised to maintain its leadership position in the real estate sector.
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