Godrej Properties Sells Rs 1,000 Crore Worth of Luxury Flats in Gurugram

Godrej Properties Limited (GPL) managed to sell approximately 90 luxury flats for over Rs 1,000 crore on the first day of its project Godrej Astra's launch in Gurugram. This announcement emerged on March 28, 2025 to demonstrate the thriving market for high-end real estate properties in India's top residential choices. The 2.76-acre property Godrej Astra exists in the upper-class Golf Course Road micro-market.

Quick sale results indicate Gurugram’s evolving position as a prime luxury housing destination thanks to its close distance to Delhi and excellent infrastructure and flourishing corporate industry.

Golf Course Road has become a leading residential destination that attracted media attention through the massive Rs 190 crore penthouse sale at The Camellias by DLF during 2024. Godrej Properties has solidified its market presence after achieving success with the development of Godrej Astra.

Gaurav Pandey, MD and CEO of Godrej Properties, expressed delight at the overwhelming response. “We are thrilled with the trust our customers have shown in us. Gurugram is a vital market for Godrej Properties, and we aim to deliver an exceptional living experience at Godrej Astra while strengthening our presence here,” he said. The Golf Course Road location represents GPL's second major launch after they developed a skyscraper office building there thus demonstrating their commitment to this particular neighborhood.

The average sale value exceeds Rs 11 crore per flat during this transaction while following GPL’s expanding business approach. During the year 2024 Godrej Properties acquired 12 land parcels throughout India while working towards projects with a total value of Rs 23,450 crore. The success in Gurugram comes after the company reached Rs 1,000 crore sales milestones in both Hyderabad and Pune earlier this year. Godrej Properties has set itself a sales booking target of Rs 27,000 crore for FY25 to sustain its place as one of India's top real estate development companies.