Mumbai-based real estate developer Godrej Properties has sold homes worth over ₹1,000 crore at its first residential project in Telangana’s capital, Hyderabad. The realtor has sold over 300 homes at Godrej Madison Avenue in Kokapet within a few weeks of launching the project.
0.84 Million Square Feet Sold
Godrej Properties, which is one of India’s leading real estate developers known for its luxury residential projects, has sold these homes with a total area of approximately 0.84 million square feet in the project, Godrej Madison Avenue.
Successful Entry In Hyderbad: Godrej
Located in Kokapet, Godrej Madison Avenue was launched in January 2025. In its filing with the exchanges, Godrej Properties said that the response to the project from homebuyers “has ensured that this new project represents the company’s successful entry into Hyderabad, further strengthening its presence in Southern India.”
Project Strategically Located: Godrej
Kokapet is one of Hyderabad’s most sought-after residential and commercial hubs and Godrej Madison Avenue is located on the Golden Mile Road in this area. Godrej Properties says that the residential complex is “strategically located” with access to “reputed schools, health facilities, neighbourhood retail, and premium lifestyle offerings.”
Demand For Luxury Real Estate
The stellar response to Godrej Properties’ first Hyderabad project has come at a time when the city is witnessing rising demand for luxury properties despite overall decline in real estate sales. Overall property registrations have fallen 16% year-on-year (YoY) in the city in February 2025, according to a Knight Frank India report.
However, the demand for premium properties has been strong. High-end homes accounted for 18% of total registrations in February, as homes sized 1,000–2,000 square feet remained the most popular, accounting for 67% of registrations. Homes exceeding 2,000 square feet also saw an uptick in demand, accounting for an increased 17% of total registrations, up from 13% in February 2024.
