Godrej Properties witnessed a surge in its share price by 5 percent during morning trade on April 5, following the announcement of significant home sales exceeding Rs 3,000 crore in Gurugram. This remarkable achievement was attributed to the sale of over 1,050 homes within three days at the Godrej Zenith project in Sector 89. Described as the company's most successful launch in terms of both value and volume of sales, Godrej Properties highlighted the project's significance in its portfolio as the largest residential development in Gurugram.

The company reported a substantial 473 percent year-on-year increase in sales in Gurugram for FY24 and outlined its robust launch pipeline for FY25, featuring new projects in Sectors 103, 54, and 43. These forthcoming launches are expected to bolster Godrej Properties' presence in the city, as stated in its exchange filing. Notably, this marks the second instance in Gurugram and the fourth nationwide where the firm achieved sales exceeding Rs 2,000 crore during a launch in FY24.

In addition to the Gurugram success, Godrej Properties reported significant sales accomplishments in other regions. This includes inventory worth Rs 2,690 crore sold in Godrej Reserve, Kandivali, Mumbai, during Q4FY24, as well as inventory worth over Rs 2,875 crore in Godrej Aristocrat. The company also achieved sales exceeding Rs 2,000 crore in its project, Godrej Tropical Isle, in Noida during Q2FY24. Overall, these achievements reflect the company's strong performance and market presence across various regions.