Godrej Properties Sells Around 90 Flats for Over Rs 1,000 Cr in New Project at Gurugram

Real estate company Godrej Properties Ltd has sold around 90 flats for more than Rs 1,000 crore on the launch day of its new luxury housing project at Gurugram, despite an overall demand slowdown in residential property market. In a regulatory filing on Friday, the company said around 90 flats were sold on the launch day of its project ‘Godrej Astra‘ located on Golf Course Road micro-market.

The project is spread over 2.76 acres.

This is the company’s second launch in the prime Golf Course Road micro-market.

“Gurugram is an extremely important market for Godrej Properties and we look forward to further strengthening our presence there in the coming years,” Gaurav Pandey, MD & CEO, Godrej Properties, said.

Godrej Properties is one of the leading real estate developers in the country.

Source : ET