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Realty firm Godrej Properties will soon launch a luxury housing project in Gurugram with an estimated revenue potential of around Rs 3,000 crore as it seeks to encash a rise in demand for premium residential properties.
The company will develop nearly 750 apartments in a 9.5-acre housing project ....
Godrej Properties gears up for a luxury housing project in Gurugram, estimating a Rs 3,000 crore revenue. Godrej Aristocrat will offer 750 apartments starting at Rs 4 crore each, already attracting over 1,200 potential buyers. Despite soaring prices, Gurugram s market remains strong. The firm targets a significant sales goal of Rs 14,000 crore this fiscal, eyeing launches in Delhi-NCR, Noida, Gurugram, and other key cities. Amid a 48% sales growth, its consolidated net profit rose by 22% to Rs 66.80 crore. ....
According to real estate consultants, Godrej Properties has started seeking expressions of interest (EOI) from potential homebuyers and already received more than 1,200 EOIs. ....