Godrej Properties Ltd (GPL) has offered residential stock value over ₹1,000 crore at its Godrej Evergreen Sq. challenge in Hinjewadi, Pune, the corporate introduced at this time. The Mumbai-based developer offered 1,398 houses with a complete space of roughly 1.23 million sq. toes.
The shares of Godrej Properties Ltd (GPL) have been buying and selling at ₹1,996.70 up by ₹9.65 or 0.49 per cent on the NSE at this time at 10.15 am.
Launched in November 2024, simply 4 months after buying the land, Evergreen Sq. has turn out to be GPL’s most profitable challenge launch in Pune thus far when it comes to each gross sales worth and quantity. The challenge has a developable potential of roughly 2.41 million sq. toes, with an estimated income potential of round ₹2,045 crore.
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Positioned in Hinjewadi, the challenge advantages from proximity to established infrastructure together with colleges, healthcare services, stores, and leisure venues. The realm affords connectivity to main highways and will probably be served by a metro station simply two minutes away from the event.
“This has now turn out to be the all time launch in Pune residential actual property,” mentioned Gaurav Pandey, MD & CEO of Godrej Properties, within the firm assertion.
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Godrej Properties, a part of the 128-year-old Godrej Industries Group, was ranked as the biggest developer in India by worth of residential gross sales for FY 2024 and has acquired quite a few business recognitions for its sustainability practices.
