Godrej Properties Unveils Its First Residential Project in Hyderabad – A Landmark Development in Kokapet
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Godrej Properties (GPL), one of India’s leading real estate developers, has announced the launch of its maiden residential project in Hyderabad, marking a major milestone in the company’s expansion journey. The project, named Godrej Madison Avenue, is located in Kokapet, one of the city’s prime residential hubs.
Project Details: A Glimpse Into Godrej Madison Avenue
Spread across approximately three acres, Godrej Madison Avenue is set to redefine luxury living in Hyderabad. The project features 1.2 million sq ft of saleable area and offers premium 3 & 4 BHK apartments, designed to cater to modern lifestyles. With an estimated booking value of around INR 1,300 crore, the development is expected to attract high demand in the city’s competitive real estate market.
Strategic Importance of Hyderabad in Godrej Properties’ Portfolio
Highlighting the significance of the launch, Gaurav Pandey, MD & CEO of Godrej Properties, shared, “We are excited to launch our first project in Hyderabad, representing a significant step in our growth journey.” The entry into Hyderabad aligns with the company’s strategy to expand its footprint in high-growth markets across India.
A Snapshot of Godrej Properties’ Recent Acquisitions
This announcement comes on the heels of another strategic land acquisition by the company. Recently, Godrej Properties acquired a 24-acre land parcel in Indore to develop plotted residential units. The Indore project boasts an estimated saleable area of 6.20 lakh sq ft, further strengthening the company’s portfolio in the real estate sector.
Why Kokapet is a Strategic Choice for Godrej Madison Avenue
Kokapet has emerged as a sought-after residential destination in Hyderabad due to its excellent connectivity, proximity to IT hubs, and growing infrastructure. With its premium offerings, Godrej Madison Avenue is expected to capitalize on the demand for luxury housing in the area, making it a valuable addition to Godrej Properties’ nationwide portfolio.
Highlights of Godrej Madison Avenue’s Launch
- Location: Kokapet, Hyderabad – a premium residential hub.
- Project Scale: 3 acres of land with 1.2 million sq ft of saleable area.
- Configurations: Spacious 3 & 4 BHK apartments.
- Booking Value: Estimated at INR 1,300 crore.
- Strategic Milestone: First project by Godrej Properties in Hyderabad.
- Future Prospects: Kokapet’s infrastructure and connectivity expected to drive demand.
- Recent Expansion: Acquisition of 24 acres in Indore for plotted development.
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