Godrej Properties sells plots worth over INR 1,000 Crore at the launch of its first plotted development in Panipat

Godrej Properties Limited (GPL) (BSE scrip ID: GODREJPROP), one of India's leading real estate developers, today announced that it has sold plots worth over INR 1,000 crore at the launch of its premium plotted development, Evora Estate, located in Sector 40, Panipat. The company has sold over 600 plots, spanning around 8 lakh square feet of saleable area since its launch in December, 2025. This is GPL's first project in Panipat and marks GPL's most successful ever plotted development launch by value of sales achieved.

Strategically located on NH 44A, Evora Estate spans 43 acres and features a refined Mediterranean theme, complete with a luxurious clubhouse and premium lifestyle amenities. Designed as a premium residential plotted development, it is the company's first project in Panipat and the fourth addition to its portfolio of residential plotted townships in North India.

Panipat's evolution as a micro‑market has been shaped by sustained infrastructure improvements, including enhanced connectivity via NH‑44 and a stronger transport and industrial network. These shifts are steadily positioning the city as an attractive residential catchment in North India.

Gaurav Pandey, MD & CEO, Godrej Properties, said, "We are deeply encouraged by the response to Evora Estate, our first plotted development in Panipat. This milestone reinforces our belief that customers across emerging markets are seeking thoughtfully designed neighbourhoods that offer long-term value and a meaningful quality of life. We are grateful for the trust our customers and partners continue to place in us. As we expand our presence in Haryana, our focus will remain on creating high-quality, sustainable living environments that contribute positively to the communities we serve."

Shares of Godrej Properties Limited was last trading in BSE at Rs. 1698.75 as compared to the previous close of Rs. 1560.50. The total number of shares traded during the day was 170115 in over 11961 trades.

The stock hit an intraday high of Rs. 1726.80 and intraday low of 1601.30. The net turnover during the day was Rs. 286637776.00.

Source : Equity Bulls

Keywords

GodrejProperties INE484J01027 Realty PlotSale Panipat