InvestorQ : Is it true that Godrej Properties has managed to sell a record number of flats in its Noida project?
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Is it true that Godrej Properties has managed to sell a record number of flats in its Noida project?

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Tisha Malhotra answered.
3 weeks ago
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In what could a good tiding about the prospects for the realty sector in India, Godrej Properties claimed it had managed to sell 275 flats worth Rs.475 crore within just one day at its prestigious project in Noida near New Delhi. The property is located in Sector 43, Noida, Uttar Pradesh and is in close proximity to Delhi.

In 2010, Godrej Properties debuted in the NCR region and has already added 17 projects across five cities, out of which it has already delivered 6 projects. Godrej has identified Noida as a critical growth market. Godrej Properties had increased bookings by 25% to Rs.1,488 crore in Q3. Godrej Properties had also posted record sales bookings of close to Rs.5,915 crore during the financial year 2019-20, in the midst of the pandemic blues.

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