Gurugram Real Estate: Godrej Properties’ new project ‘Godrej Astra’ is located on Golf Course Road micro-market. The project is spread over 2.76 acres. This is Godrej Properties’ second launch in the prime Golf Course Road micro-market.
Gurugram Real Estate : Godrej Properties , a leading real estate company and a part of the Godrej Group, has announced the launch of new luxury housing project ‘Godrej Astra’ in Gurugram . The company said that it sold around 90 flats for more than Rs 1,000 crore on the launch day of the project.
According to a company statement, Godrej Properties’ new project ‘Godrej Astra’ is located on Golf Course Road micro-market. The project is spread over 2.76 acres. This is Godrej Properties’ second launch in the prime Golf Course Road micro-market.
“Gurugram is an extremely important market for Godrej Properties and we look forward to further strengthening our presence there in the coming years,” Gaurav Pandey, MD & CEO, Godrej Properties, said.
Recently, real estate data analytics firm PropEquity said that housing sales declined 23 per cent in January-March across nine major cities, while housing brokerage firm Anarock reported a 28 per cent drop in sales this quarter across seven major cities.
Despite an overall demand slowdown, big-branded listed developers continue to report healthy sales in their newly launched residential projects.
Post-COVID, there has been a shift in consumer demand towards reputed players from fly-by-night operators and unreliable builders.
Leave a Reply