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Godrej Properties Ltd. (GPL), a real estate developer, recently announced a major milestone. Their new project, Godrej Zenith located in Sector 89, achieved record-breaking sales of over 1,050 homes worth a staggering INR 3,000 crore (USD 370 million). This impressive feat marks not only GPL's most successful launch ever in Gurugram but also signifies a strong demand for quality housing in the city.
Godrej Zenith stands out as GPL's largest residential development in Gurugram. The project's success, selling over 1,050 homes, reflects a growing consumer interest in well-designed living spaces within the city. This positive response strengthens GPL's presence in Gurugram and makes the way for future projects. The company has plans for the city with new launches planned in Sector 103, Sector 43, and Sector 54 in the coming fiscal year (FY25). These upcoming projects will further expand their offerings and cater to the diverse needs of Gurugram's residents.
This record-breaking sale isn't an isolated event. It's part of a larger trend for GPL. In FY24 alone, the company has achieved remarkable sales figures across India. This includes exceeding INR 2,000 crore (USD 246 million) in sales during launch for four projects ? twice in Gurugram (Godrej Zenith and Godrej Aristocrat for INR 2,875 crore or USD 354 million) and once each in Mumbai (Godrej Reserve for INR 2,690 crore or USD 332 million) and Noida (Godrej Tropical Isle for over INR 2,000 crore or USD 246 million).
Commenting on the success of Godrej Zenith, Gaurav Pandey, MD & CEO of Godrej Properties, expressed his gratitude to customers and stakeholders for their trust. He emphasised the company's commitment to delivering an outstanding living experience for residents at Godrej Zenith. Furthermore, Mr. Pandey reiterated the importance of Gurugram for GPL, highlighting their plans to solidify their presence in the city through future developments with a strong launch pipeline for FY25.
This strong performance by Godrej Properties indicates a positive outlook for the Gurugram real estate market. With a focus on quality and a commitment to the city, GPL's future projects are likely to be met with similar enthusiasm from homebuyers.
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