Stock Report

Godrej Properties has sold over 300 homes worth over INR 1,000 crores at Godrej Madison Avenue in Hyderabad



Posted On : 2025-03-25 09:36:44( TIMEZONE : IST )

Godrej Properties has sold over 300 homes worth over INR 1,000 crores at Godrej Madison Avenue in Hyderabad

Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India's leading real estate developers, today announced that it has sold homes worth over INR 1,000 crores with a total area of ~0.84 million sq. ft. in its project, Godrej Madison Avenue, located in Kokapet, Hyderabad. Launched in January 2025, this new project represents Godrej Properties' successful entry into Hyderabad, further strengthening its presence in Southern India.

Kokapet is one of Hyderabad's most sought-after residential and commercial hubs. Godrej Madison Avenue is strategically located on the well-developed Golden Mile Road with access to reputed schools, health facilities, neighbourhood retail, and premium lifestyle offerings that further enhance its appeal among homebuyers and investors. The area also offers seamless connectivity to Outer Ring Road, Financial District, Gachibowli, and HITEC City.

Gaurav Pandey, MD & CEO, Godrej Properties, said, "We are thrilled with the response to our first project in Hyderabad. This success reiterates the huge growth opportunity available to Godrej Properties in Hyderabad and the strong demand for premium residential developments in Kokapet. This success also strengthens our commitment to expanding in Hyderabad where we will be launching a second project shortly."

Shares of Godrej Properties Limited was last trading in BSE at Rs. 2190.15 as compared to the previous close of Rs. 2140.25. The total number of shares traded during the day was 22127 in over 2085 trades.

The stock hit an intraday high of Rs. 2201.00 and intraday low of 2140.00. The net turnover during the day was Rs. 48251483.00.

Source : Equity Bulls

Keywords

GodrejProperties INE484J01027 Realty Sale 300Homes GodrejMadisonAvenue Kokapet Hyderabad