Godrej Properties sells 683 units at Rajendra Nagar project

Godrej Properties Ltd has clocked sales of over Rs.1,000 crore with the launch of its newest residential venture, Godrej Regal Pavilion, in Rajendra Nagar, Hyderabad. The firm sold 683 housing units on launch day, spanning a built-up area of approximately 1.20 million square feet.

The project, sprawling over 4.14 million square feet, has a total revenue potential of around Rs.3,600 crore, and is one of the largest developments in the city for the company.

Describing the milestone, Gaurav Pandey, Managing Director & CEO, Godrej Properties said, "This result demonstrates the increasing demand for trusted, branded homes and Hyderabad's high growth potential. We intend to develop superior-quality projects meeting the changing aspirations of the city." 

Key highlights:

• Godrej sells 683 homes worth Rs.1,000 cr on project launch day
• Rajendra Nagar emerges as Hyderabad’s fast-growing hub
• Godrej strengthens South India presence with major projects

This is the second significant success for Godrej Properties in Hyderabad within this year, which shows strong demand and trust for branded real estate among homebuyers.

Rajendra Nagar has become one of Hyderabad's fastest-developing residential areas, thanks to strong infrastructure development, airport proximity, and accessibility through the Outer Ring Road. Development potential of the place was a key factor in drawing customers towards the project.

Also Read: Godrej Properties Wins Rs. 3,800 Cr Project in Hyderabad

The company also acquired a land parcel of 7.82 acres in Hyderabad for Rs.548 crore earlier this year, which is estimated to have a revenue potential of Rs.3,800 crore, highlighting its aggressive expansion drive in south India.

Godrej Properties is further consolidating its foothold in the major markets of Mumbai, Bengaluru, Delhi-NCR, and Hyderabad through a combination of acquisitions and joint development ventures.