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Godrej Properties Sells 855 Homes Worth Rs 1,650 Crore in Noida Project

The company reported a 44.10% YoY decrease in its consolidated net profit at Rs 87.30 crore.

On Thursday, Godrej Properties Ltd said that it sold 855 homes worth Rs 1,650 crore within a year of the launch of its project Godrej Woods in Noida.

This includes sales of Rs 509 crore in March 2021 and Rs 1,141 crore so far in FY22, the company said in a statement.

The project is located in Noida – Sector 43.

Malhotra, MD & CEO, Godrej Properties, said, “Noida is an important market for us, and we will look to sustain and build on this momentum in the years ahead”.

Godrej Properties entered the NCR Market in 2010 and has, until now, added 18 residential, commercial and township projects across five cities, with seven projects having already been delivered and 11 in various stages of development.

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