Godrej Properties Ltd News Today

The Yelahanka project will have approximately 1.5 million square feet of saleable area and will comprise primarily premium residential apartments and high-street retail.

The company bagged its first residential project in January 2024 with the launch of ‘Godrej Madison Avenue’ on Golden Mile Road, Kokapet, Hyderabad.

Recently, the real estate developer said that it has sold over 1,398 homes worth ₹1,000 Crore in its newly introduced residential project.

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This is to inform that the company has cancelled the said agreement on March 3, 2025, added the company.

The Evergreen Square project, with a total development potential of about 2.41 million square feet, is the largest addition to Godrej Properties' residential portfolio.

For FY25, the bookings value target of the company is ₹27,000 crore, of which it has already achieved 71%.

The project would entail a saleable area of approximately 6.20 lakh square feet and will fetch revenue of about ₹500 crore based on present assumptions.

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According to the filing, the site is ideally situated in Joka's rapidly growing micromarket, which is near the main city and Diamond Harbour.