Godrej Properties enters Central Noida with Godrej Woods

Godrej Properties Limited (GPL) (BSE scrip id: GODREJPROP), one of India's leading real estate developers, today announced that it has sold over 275 residences worth INR 475 crore within one day at the launch of its project, Godrej Woods, in Noida making this one of the most successful residential launches in NCR.

Situated in Sector 43, Godrej Woods offers homes set amidst a lush green development with over 600 trees. The project offers several lifestyle amenities such as infinity-edge pools, a café, forest trail, and an elevated walkway. Sector 43 has excellent connectivity due to its proximity to the Dadri Main Road in Central Noida in addition to the access to high quality social infrastructure.

Godrej Properties entered the NCR Market in 2010 and has so far added 17 projects across 5 cities with 6 projects having already been delivered.

Mr. Pirojsha Godrej, Executive Chairman, Godrej Properties, said, "We are thrilled with the customer response to Godrej Woods. We consider Noida a critical growth market for our company and will look to continue to build our presence in this region. We hope to deliver the residents of Godrej Woods an outstanding and innovative development."

Shares of Godrej Properties Ltd was last trading in BSE at Rs.1339 as compared to the previous close of Rs. 1394.35. The total number of shares traded during the day was 45731 in over 3864 trades.

The stock hit an intraday high of Rs. 1398.5 and intraday low of 1322.85. The net turnover during the day was Rs. 61872183.

Source : Equity Bulls

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