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Real Estate
In a significant move that underscores the robust demand for luxury real estate in India, Godrej Properties has successfully sold 275 luxury apartments worth over ₹2,000 crore in its newly launched project, Godrej Riverine, located in Sector 44, Noida. This achievement not only highlights Godrej Properties' strength in the luxury housing market but also marks the company's third consecutive project exceeding ₹2,000 crore in sales in the Noida region.
The Godrej Riverine project, launched in March 2025, is spread across 6.46 acres and offers a range of luxury residential apartments designed to cater to the high-end real estate market in Noida. This development is part of Godrej Properties' strategic expansion in the Noida area, which has become a crucial market for luxury real estate developers.
Gaurav Pandey, MD & CEO of Godrej Properties, expressed his appreciation for the strong response to Godrej Riverine: "We are delighted with the overwhelming response to our luxury project in Noida. Noida is a key market for us, and we look forward to further expanding our presence in the region."
The success of Godrej Riverine is indicative of the rising demand for luxury homes in Noida. According to market analysis, Sector 44 continues to attract high-end buyers due to its prime location and excellent connectivity.
The strong sales performance by Godrej Properties reflects broader trends in the luxury real estate market in India. Despite fluctuations, the sector has shown resilience, with high demand for luxury projects in key cities like Noida, Gurugram, and Hyderabad.
Godrej Properties has demonstrated impressive sales across various Indian cities in recent months:
These achievements underscore Godrej Properties' extensive reach and the consistent demand for luxury real estate across major Indian cities.
In the third quarter of FY24-25, Godrej Properties maintained a strong sales momentum, recording ₹5,446 crore in sales. This marks the sixth consecutive quarter where sales have exceeded ₹5,000 crore, demonstrating the resilience and potential of the Indian luxury real estate market.
Given these trends, Godrej Properties is well-positioned to continue dominating the luxury residential sector, with a focus on delivering exceptional living experiences and further expanding its presence in key markets.
The notable success of Godrej Riverine signifies a key milestone for Godrej Properties, reinforcing its position as a leader in India's luxury real estate market. As the company continues to strengthen its footprint in Noida and beyond, it remains a prominent player in shaping the future of luxury living in India.
Keywords: Godrej Properties, Luxury Real Estate, Noida Real Estate, Godrej Riverine, Indian Real Estate Market, Sector 44 Noida, Premium Living Spaces.
