Shares of Godrej Properties Ltd rallied 9.75% to touch a dayβs high of Rs 1,743.10 on 3rd February, after the company said it had sold residential plots worth over Rs 1,000 crore at the launch of its first plotted development project in Panipat, marking its most successful plotted project debut to date by sales value.
Godrej Properties said it has sold over 600 plots spanning around 8 lakh sq ft at its premium plotted project, Evora Estate in Sector 40, Panipat. The sales have happened since its launch in December 2025.
Spread across 43 acres along NH-44A, the project features a Mediterranean-themed layout, a clubhouse and premium amenities. It marks the companyβs first project in Panipat and its fourth plotted township in North India.
The company said Panipat is emerging as a strong residential micro-market. This is supported by infrastructure upgrades, improved connectivity and a growing industrial base.
MD & CEO Gaurav Pandey said the response highlights demand for well-planned neighbourhoods offering long-term value. He added that the company will continue to expand its presence in Haryana.
A day earlier, Godrej Properties also reported sales of over Rs 2,000 crore from the first phase of its Godrej Trilogy project in Worli, Mumbai.
At 1:16 PM, shares of Godrej Properties were trading 7.30% higher at Rs 1,674 on NSE.
Ready to invest like a pro? Tradz by EquityPandit equips you with 100+ Free tools and knowledge you need to succeed. Download the Tradz app and gain access to daily stock lists and insightful market analysis and much more!
Live
