One of the established micro-market known for its upmarket residential and commercial construction, Golf Course Road is a desirable location for real estate development.
An e-auction held by the Haryana Shehri Vikas Pradhikaran (HSVP) revealed that Godrej Properties, one of India’s top real estate developers, had placed the highest offer and won the Letter of Intent to develop two group housing plots.
The Golf Course Road micro-market is where these two pieces of property are situated. An established micro-market known for its upmarket residential and commercial construction, Golf Course Road is a desirable location for real estate development.
Golf Course Road provides inhabitants with a high-quality lifestyle and easy accessibility because to its well-planned infrastructure and closeness to notable landmarks.
“Our entry into the prestigious Golf Course Road Micro-market with two luxury residential projects marks a significant milestone for Godrej Properties,” stated Gaurav Pandey, MD & CEO of Godrej Properties.
It fits in nicely with our plan for growth and will strengthen our position as the top real estate developer in the NCR. Our goal will be to develop a superb residential area that offers its residents long-term value.
In an interview, the MD & CEO of Godrej Properties stressed that the NCR region has led price appreciation in recent years and expressed confidence that prices will likely continue to grow.
Godrej Properties’ profitability is anticipated to increase from less than 10% of pre-sales to over 15% of pre-sales as the deployment of its most recent land acquisitions picks up speed.
Source-ET
