Godrej Properties Limited (GPL) announced today that it has sold over 275 homes worth more than ₹2,000 crores at the launch of its luxury project, Godrej Riverine, in Sector 44, Noida. The Mumbai-based real estate developer reported selling over 9 lakh square feet of area in the project, which was launched in March 2025.
The shares of Godrej Properties Limited (GPL) were trading at ₹2,054.30 down by ₹75.30 or 3.54 per cent on the NSE today at 12.20 pm.
This marks the third consecutive ₹2,000+ crore launch for the company in Noida, following similar sales performances at Godrej Jardinia in Sector 146 during Q1 FY25 and Godrej Tropical Isle in the same sector during Q2 FY24.
The newly launched Godrej Riverine project spans approximately 6.46 acres and features luxury residential apartments in various configurations. The development is strategically positioned in Sector 44, a key micro market in Noida that offers good connectivity and proximity to Delhi.
Gaurav Pandey, MD & CEO of Godrej Properties, expressed gratitude to customers and stakeholders for their trust in the company and affirmed GPL’s commitment to delivering an exceptional living experience at the development. He also emphasized Noida as a key market for the company’s future growth plans.
Godrej Properties, which brings the Godrej Industries Group’s philosophy of innovation, sustainability, and excellence to real estate, emerged as India’s largest developer by value of residential sales in FY 2024. The company has received over 400 awards and recognitions in recent years, including Developer of the Year at the GRI India Awards, 2024.
Published on April 1, 2025