Godrej Properties Sees Stock Surge After ₹2,000 Crore Noida Luxury Project Launch

Properties' shares jumped by 5% following the successful launch of its luxury residential project, Godrej Riverine, in Noida's Sector 44. The company announced it sold homes worth ₹2,000 crore within a short period of the launch. The project, situated on 6.46 acres in a prime Noida location, offers luxury apartments in various configurations. Godrej Properties highlighted the area's strong infrastructure, connectivity to Delhi, and high-quality lifestyle as key selling points. According to the company's website, 3 BHK apartments start at ₹6.40 crore, and 4 BHK units begin at ₹7.35 crore. Godrej Properties CEO and Managing Director, Gaurav Pandey, expressed delight at the project's overwhelming response, thanking customers and stakeholders for their trust and reaffirming the company's commitment to delivering an exceptional living experience.