Godrej Properties to Construct an INR 8000 Crore Luxury Housing Complex in Ashok Vihar in Delhi

In the March quarter 2023, Godrej Properties will reveal a luxury housing complex in Ashok Vihar, the nation's capital, projecting sales revenue of INR 8,000 crores. It has purchased around 27 acres of property in the nation's capital for INR 1,359 crores in order to begin construction in February 2020.

Rail Land Development Authority owned the site (RLDA).

The Ashok Vihar project has a total development potential of around 4 million square feet, and the company's sales objective is 8,000 crore rupees.