Godrej Properties sells 300 homes, worth ₹1,000 cr in Hyderabad debut

Godrej Properties has successfully launched its first Hyderabad project, Godrej Madison Avenue in Kokapet, selling over 300 homes worth more than ₹1,000 crores within weeks of its January 2025 launch.

The shares of Godrej Properties Limited were trading at ₹2,140.10 down by ₹49 or 2.24 per cent on the NSE today at 3.15 pm.

The project, spanning approximately 0.84 million square feet, is located in Kokapet, a prime residential and commercial hub with strategic connectivity to key Hyderabad areas, including Outer Ring Road, Financial District, Gachibowli and HITEC City.

MD & CEO Gaurav Pandey highlighted the significant market potential, stating the sales success validates the company’s growth opportunities in Hyderabad. The company plans to launch a second project in the city shortly.

Part of the Godrej Industries Group, the real estate developer is known for its commitment to sustainability and innovation. In fiscal year 2024, Godrej Properties emerged as India’s largest developer by residential sales value. The company has consistently been recognised for its sustainable practices, being ranked #1 globally by the Global Real Estate Sustainability Benchmark in 2020, 2021 and 2022.

The Kokapet project offers proximity to schools, healthcare facilities, retail spaces and premium lifestyle amenities, positioning it attractively for homebuyers and investors.