Godrej Properties Sells Homes Worth Over ₹2,000 Crores at Launch of Luxury Project 'Godrej Riverine' in Noida

Mumbai, April 01, 2025 – Godrej Properties Limited (GPL), a leading real estate developer listed on BSE and NSE (BSE: GODREJPROP, NSE: GODREJPROP), has announced exceptional sales of over ₹2,000 crores at the launch of its luxury residential project, Godrej Riverine, located in Sector 44, Noida.

Key Financial Highlights​

• Total Sales Value: Over ₹2,000 crores at launch
• Area Sold: More than 9 lakh square feet
• Units Sold: Over 275 luxury homes
• Project Area: Approximately 6.46 acres

This marks the third consecutive ₹2,000+ crore launch for Godrej Properties in the Noida region, underscoring strong market demand and buyer confidence. Previously, the company achieved similar milestones with Godrej Jardinia in Q1 FY25 and Godrej Tropical Isle in Q2 FY24, both located in Sector 146, Noida.

Strategic Location & Project Insights​

Godrej Riverine is strategically situated in Sector 44, a prominent and fast-developing micro-market known for robust infrastructure, wide roads, and excellent connectivity to Delhi. The project offers luxury residential apartments with diverse configurations, designed to cater to high-quality urban lifestyles.

Management Commentary​

Gaurav Pandey, MD & CEO of Godrej Properties, expressed satisfaction with the robust response from customers and stakeholders:

“We are delighted with the overwhelming response to our luxury project, Godrej Riverine in Noida. We extend our sincere gratitude to our customers and all stakeholders for their trust and confidence in Godrej Properties. We remain committed to delivering an exceptional living experience at this development. Noida is a key market for us, and we look forward to further strengthening our presence in the region in the years ahead.”

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Sustainability & Industry Recognition​

Godrej Properties maintains a strong commitment to sustainable development, pledging since 2010 to certify all projects as green buildings. The company has received notable global recognition, ranking #1 among listed residential developers by the Global Real Estate Sustainability Benchmark in consecutive years (2020, 2021, and 2022).

Recent accolades include:

• Developer of the Year (GRI India Awards, 2024)
• The Porter Prize (2019)
• Builder of the Year (CNBC-Awaaz Real Estate Awards, 2019)
• Most Trusted Real Estate Brand (Brand Trust Report, 2019)

Godrej Properties continues leveraging its 128-year legacy of excellence, innovation, and trust to deliver landmark projects across India's real estate landscape.