News
Godrej sells 300 apartments within week at its project launch in Vihroli
Mumbai-based Godrej Properties on Monday announced that it has sold 300 apartments within one week at The Trees, its flagship project in Vikhroli, Mumbai. This represents more than 80 per cent of the 374 apartments it opened for sale in the first phase of this project.
According to a press release, the value of apartments sold is in excess of Rs700 crore making it the company’s most successful ever launch in terms of value of real estate sold. This is also one of the country’s most successful recent launches, the release said.
The Trees mixed-use development contains a commercial precinct spread across 9.4 acres, which houses Godrej One, the Godrej Group’s global headquarters. The central mixed use precinct, spread over 9.2 acres, will comprise a 5 star luxury hotel, cultural buildings, luxury residential, and a high street retail park. The more private luxury residential precinct spread across 6.7 acres, which was recently opened for sale, will house a community of residential buildings with private parks and aclubhouse facility.
The first phase of residences in the project contains a total of 374 apartments of various sizes and configurations with a saleable area of approximately 46,000 sq. mt. (500,000 sq. ft.). All the residences offer premium specifications and are designed to offer spectacular views of the internal courtyard, the central landscaped retail court, and the lush green mangroves, the release said.
Godrej Properties has collaborated with several of the world’s most renowned architects and engineering consultants to design this project.
Pirojsha Godrej, Managing Director & CEO, Godrej Properties, said, “We are thrilled with the customer response to the launch of The Trees in Vikhroli. We will do everything possible to ensure we deliver our customers an outstanding and innovative project.”
-
Interviews1 week ago
High Rental Yield, Price Appreciation, Stable Growth, Make Sydney an Ideal Realty Investment Option: Haansal Estate
-
News3 days ago
Tenant Experience Platform, Aeria, Raises $1.8 m Pre-Seed Round Led by Kalaari and Foundamental Along With Others
-
News4 weeks ago
Transindia Real Estate To Sell Jhajjar Logistics Park, ₹ 636.71 cr+ Ent. Value
-
News1 day ago
Sacred Cities See a Retail Boom as Spiritual Tourism Surge: CBRE Report
-
News3 days ago
AIPL’s Business Club Secures Rs 100/sq ft Rental on Golf Course Extn Road, Gurugram
-
News1 day ago
GOCL Corporation monetises 264.50 acres of land asset in Kukatpally for Rs 3402 cr
-
News2 days ago
Kanodia Group Enters Real Estate; Targets Over Rs 5000 Cr Investment By 2028
-
News19 hours ago
Bridging India Divide: Top 5 Tier- 2 Cities to Focus On