Godrej sells 300 apartments in a week

Madhurima Nandy, Mint, 08 December 2015

Godrej Properties Ltd on Monday said it has sold 300 apartments in a week at its flagship project, The Trees, in suburban Mumbai's Vikhroli. The apartments have been sold at more than Rs 700 crore, the Mumbai-based developer said. The Trees is a 34-acre mixed-use development project, which has a commercial precinct spread across 9.4 acres that houses Godrej One, the Godrej Group's headquarters. The first phase of the premium residential component of the project, which was launched in the last week of November, has 374 apartments, of which Godrej said it sold more than 80% in the first week of opening it for sales