Godrej Properties, a leading Indian real estate developer, announces the sale of 1 million sq ft in the Celeste launch at Godrej Garden City, Ahmedabad. 870 homes with a booking value of ₹ 435 crore have been sold since the October 2022 launch.
Celeste, covering 2.3 hectares, offers homes and retail spaces in 8 towers with various configurations. It includes state-of-the-art amenities for a holistic, enhanced lifestyle for all ages.
Gaurav Pandey, CEO of Godrej Properties, says they are pleased with the response to Celeste at Godrej Garden City in Ahmedabad. The demand for sustainable, integrated developments by reputable developers is increasing, and Ahmedabad is a key market for the company. They aim to create long-term value for residents through an outstanding residential community.
Godrej Garden City, launched in 2010, is a sustainable township off SG Highway in Ahmedabad’s Jagatpur area. It offers good infrastructure, connectivity, and amenities like 100+ retail outlets and healthcare/education centers. The master plan was created by Skidmore, Owings, and Merrill, known for designing global landmarks like the Burj Khalifa in Dubai.
Godrej Properties shares traded at ₹ 1213.55 on BSE, down from previous close of ₹ 1243.05. 11950 shares traded in 1171 trades.
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