Godrej Properties Sells Homes Worth Over INR 1,000 Crore at Pune Project Launch

Pune, February 27, 2025 – Godrej Properties Ltd. (BSE: GODREJPROP, NSE: GODREJPROP), one of India’s leading real estate developers, announced a record-breaking launch for its residential project Godrej Evergreen Square in Hinjewadi, Pune. Within months of launch, the company has sold over 1,398 homes, amounting to a total area of approximately 1.23 million square feet, generating sales worth over INR 1,000 crore.

Key Highlights:​

• Project Name: Godrej Evergreen Square
• Location: Hinjewadi, Pune
• Homes Sold: 1,398 units
• Total Sales Value: Over INR 1,000 crore
• Developable Potential: ~2.41 million square feet
• Estimated Revenue Potential: INR 2,045 crore

This marks Godrej Properties’ most successful launch in Pune in terms of both sales value and volume.

Strategic Location & Connectivity​

Hinjewadi, a prime residential and IT hub, offers strong connectivity via:

• Mumbai-Bangalore Highway
• Mumbai-Pune Expressway
• Metro line linking Hinjewadi to Shivaji Nagar (with a station just 2 minutes from the project)

The region boasts well-developed social infrastructure, including schools, healthcare centers, retail hubs, and entertainment zones.

Management Commentary​

Gaurav Pandey, MD & CEO, Godrej Properties, stated:

“We are delighted with the response to our project, Godrej Evergreen Square. This has now become the best-ever launch in Pune residential real estate. We sincerely thank our customers and stakeholders for their trust in Godrej Properties. We are committed to delivering an outstanding living experience at this project.”

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About Godrej Properties​

A subsidiary of Godrej Industries Group, Godrej Properties integrates innovation, sustainability, and excellence into real estate development. Recognized as India’s largest residential real estate developer by sales value in FY24, the company has won multiple accolades, including:

• Developer of the Year – GRI India Awards 2024
• Most Trusted Real Estate Brand – Brand Trust Report 2019
• Builder of the Year – CNBC-Awaaz Real Estate Awards 2019

With a strong commitment to sustainability, all Godrej Properties projects are third-party-certified green buildings. The company has consistently ranked #1 globally among listed residential developers for sustainability (Global Real Estate Sustainability Benchmark, 2020-2022).