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Godrej Properties launches first project in Hyderabad with booking value potential of ₹1,300 crore

Godrej Properties launches first project in Hyderabad with booking value potential of ₹1,300 crore

Godrej Properties on Monday, January 13, said it has launched its first project in Hyderabad — Godrej Madison Avenue, with an estimated booking value of ₹1,300 crore.

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This is its first premium residential project in Kokapet in Hyderabad, the company said.

The project is situated on 3 acre land and will feature 1.2 million square feet of saleable area, offering premium residential apartments in 3 and 4 BHK configurations.

“Thoughtfully planned to complement a modern lifestyle, the development features Manhattan-style landscaped spaces, a Central Park-inspired fountain and a triple-height lobby,” the company said.

Key features of the project include exclusive terrace amenities, such as gym, badminton court and lounge, with unparalleled views. The project also comprises jogging tracks, pickleball courts, water features and a three-level clubhouse.

The project is located in the heart of Kokapet on Golden Mile Road and it offers good connectivity to Rajiv Gandhi International Airport, top schools, premium retail, healthcare and a neighbourhood of established projects.

“Kokapet’s strategic location and infrastructure advantages make it an ideal destination for premium residential developments,” Gaurav Pandey, MD and CEO of Godrej Properties, said.

Godrej Properties shares ended 4.29% lower at ₹2,388.9 apiece on Friday, January 10. It has fallen 27.64% in the last six months.

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