Godrej Properties has once again shown its market momentum and brand trust with a blockbuster sales performance at the launch of its luxury residential project, Godrej Riverine, in Sector 44, Noida. That’s INR 2,000 crore in sales—and over 275 homes sold—during the launch phase. This is the third time the Mumbai-based developer has hit that INR 2,000 crore mark in Noida. That consistency speaks volumes about its strategic focus on the Delhi-NCR market and the appetite for high-end real estate there.
High-Value Sales and Prime Location
Godrej Riverine spans 6.46 acres and offers a range of luxury residences tailored to affluent homebuyers. With sales crossing 9 lakh square feet of developed area, the launch demonstrates just how much demand there is—and how well the company has positioned itself in the market.
Located in Sector 44, Noida, the project benefits from proximity to Delhi, wide roads that make connectivity seamless, and infrastructure that supports a premium lifestyle. That area is one of Noida’s most upscale and well-developed micro-markets.
Noida: A Strategic Bet That Keeps Paying Off
Godrej Riverine follows in the footsteps of Godrej Jardinia and Godrej Tropical Isle, both in Sector 146, Noida. Those projects also recorded sales of over INR 2,000 crore in Q1 FY25 and Q2 FY24, respectively. That pattern suggests the developer is on a roll, and the Noida luxury housing segment is strong and resilient.
Buyers are increasingly looking for brand reliability, sustainability and integrated living experiences. And that’s exactly what Godrej Properties delivers.
Leadership Speaks
Gaurav Pandey, Managing Director & CEO of Godrej Properties, said: “We’re thrilled with the response to Godrej Riverine. We’re grateful to our customers and stakeholders for putting their trust in us. We remain committed to delivering an exceptional living experience at this development—and in Noida as a whole.”
Scaling New Heights
Godrej Properties has come a long way since its inception on the legacy of the 128-year-old Godrej Group. Today, it’s a dominant force in the Indian real estate sector. Innovation, sustainability and design excellence are at the heart of every development.
The company has been recognised as India’s largest developer by residential sales value in FY 2024. And it has consistently demonstrated leadership in sustainable development. Some of its achievements include:
- Since 2010, all its projects have been third-party certified green buildings.
- Ranked #1 globally by the Global Real Estate Sustainability Benchmark (GRESB) among listed residential developers for three consecutive years: 2020, 2021, and 2022.
- Founding partner of the Sustainable Housing Leadership Consortium (SHLC).
- Over 400 awards and accolades, including the Developer of the Year at GRI India Awards 2024, The Porter Prize (2019), Most Trusted Real Estate Brand in Brand Trust Report (2019), Builder of the Year at CNBC-Awaaz Real Estate Awards (2019) and ET Best Real Estate Brand (2018).
Conclusion
The overwhelming response to Godrej Riverine not only solidifies Godrej Properties’ position in the Noida luxury space but also reflects a bigger trend in Indian real estate: a shift towards high trust, high quality and future ready living solutions. As Noida evolves, developers like Godrej Properties are clearly setting the benchmark – financially, strategically and sustainably.
For more details related to IPO GMP, SEBI IPO Approval, and Live Subscription stay tuned to IPO Central.