Godrej Properties, a leading name in the Indian real estate landscape, has recently celebrated a significant milestone with the launch of its latest project, Godrej Woodscapes, in Bengaluru. The company has reported remarkable sales exceeding ₹3,150 crore from the sale of 2,000 homes, marking a key achievement in its operational performance for Q1 FY25.
This project not only highlights Godrej Properties’ impressive sales growth but also signifies the second instance this quarter where the company has crossed ₹2,000 crore in sales. This showcases its strong market presence and growing consumer demand. Notably, the sales figures reflect an astonishing quarter-on-quarter growth of over 500% in Bengaluru alone, surpassing the total sales for the entire fiscal year FY24 in South India within just the first quarter. “This is Godrej Properties’ most successful launch ever in terms of both value and volume of sales achieved,” the company proudly announced. This milestone follows closely on the heels of another noteworthy achievement where Godrej Properties recorded ₹3,000 crore in sales from a single launch in the preceding three months.
Looking ahead, Godrej Properties has outlined an ambitious pipeline for FY25, with multiple new projects set to launch in Bengaluru. Moreover, the company’s strategic entry into Hyderabad is anticipated to further bolster its presence in South India’s lucrative real estate market. In its recent strategic moves, Godrej Properties has also acquired seven acres of land in Thanisandra, North Bengaluru. This acquisition underscores the company’s commitment to expanding its project portfolio, with an estimated revenue projection of ₹1,200 crore, positioning the firm for sustained growth and market leadership in the region.
Godrej Properties’ success is not confined to Bengaluru alone; the company has achieved significant sales milestones across various regions, including Noida and Gurgaon in recent quarters. These achievements reflect the company’s ability to consistently deliver value to its stakeholders while expanding its market reach. The strong performance of Godrej Properties also underscores the importance of sustainable practices in real estate development. By focusing on eco-friendly designs and efficient resource management in their projects, the company not only meets the needs of homebuyers but also contributes positively to the environment, fostering a sustainable future for urban development.