Godrej Properties (GPL), the real estate development arm of the Godrej Group, today announced that it has sold over 200 apartments, with an area over 400,000 sq. ft. in just three weeks at the launch of its residential project, Godrej Icon, in Sector 89A/88A, Gurgaon. Spread over 9 acres, Godrej Icon consists of 9 towers including a 32 storey Iconic tower.
Godrej Icon is designed on the principle of sustainability. GPL will use eco-friendly materials and will integrate environment-sensitive passive architectural solutions to minimize the carbon emission associated with the development. Features like rainwater harvesting, solar heating and lighting will be incorporated in the project design. Furthermore, more than 80% of the project will be covered in landscaped gardens and open spaces.
The location offers excellent connectivity and is approximately 1.5 km from the Dwarka Expressway and 400m from Pataudi road. The site is strategically located in the high growth corridor of Gurgaon urban area and is also well connected to the Airport, IFFCO Chowk and the commercial hub of Gurgaon.
Godrej Icon is being developed as a joint venture with Oasis Build home Private Limited.
Pirojsha Godrej, Managing Director & CEO, Godrej Properties, said, "We are happy to receive such a strong response for Godrej Icon, our fifth residential project in Gurgaon. We will make every effort to ensure we live up to the expectations of our customers by successfully delivering an outstanding project."
Shares of the company declined Rs 1.05, or 0.44%, to settle at Rs 238.75. The total volume of shares traded was 5,016 at the BSE (Wednesday).