Godrej Properties has set another milestone with the launch of its luxury residential project, Godrej Riverine, in Sector 44, Noida. The Mumbai-based real estate developer has sold 275 apartments worth over ₹2,000 crore, covering over 9 lakh sq ft of prime residential space. The project, spread across 6.46 acres, features premium residential apartments with high-end amenities.
Third Consecutive ₹2,000 Crore Project in Noida
This is the third major launch by Godrej Properties in Noida, following the ₹2,000 crore+ sales of:
- Godrej Jardinia, Sector 146 (Q1 2024-25)
- Godrej Tropical Isle, Sector 146 (Q2 2023-24)
Expressing his gratitude, Gaurav Pandey, MD & CEO of Godrej Properties, stated,
“We are delighted with the overwhelming response to Godrej Riverine. Noida is a key market for us, and we look forward to expanding our footprint further in the region.”
Strong Demand for Luxury Homes in Noida
According to Square Yards Data Intelligence, the average property price in Sector 44 stands at ₹16,224 per sq ft, while 1 BHK rentals range between ₹11,600-13,900 per month. The area continues to attract high-end buyers due to its premium location and connectivity.
Godrej Properties’ Sales Across India
Godrej Properties has witnessed strong demand across major cities:
- March 2025: Sold 90 homes worth ₹1,000 crore on the launch day of Astra, Gurugram.
- March 2025: Sold ₹1,000 crore+ inventory in Godrej Madison Avenue, Hyderabad (0.84 million sq ft).
- February 2025: Sold over ₹1,000 crore worth of homes in Godrej Evergreen Square, Pune.
Q3 Sales Performance
Despite a 4.8% YoY decline, Godrej Properties maintained a strong sales momentum, recording ₹5,446 crore in Q3 2024-25. This marks the sixth consecutive quarter with sales exceeding ₹5,000 crore, demonstrating resilience in India’s luxury real estate market.
With record-breaking launches and robust sales, Godrej Properties is poised for continued dominance in the premium residential sector.
