Godrej Properties has sold 300 apartments within a week

Q: Godrej properties has sold 300 apartments within one week at its newly launched project "The Trees" at Mumbai's Vikhroli suburb.

Padma G, Mumbai

7th December 2015

Property Selling in Godrej The Trees, Vikhroli East, Mumbai

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Replies (4)

Hello Anuskha,
Godrej The Trees, located at Vikhroli East, Mumbai. It is just 3 kms from the local bus terminus on LBS marg, 7 kms from the Sion-Panvel Expressway, 2 kms from Vikhroli Railway Station, 5 kms from the proposed Ghatkopar Metro Terminus and 12 kms from International Airport.

Shantanu Kumar, Mumbai

7th December 2015

Comment

Hi everybody,
What about the flat sizes and it's price? Any updates on it would be highly appreciable.

Anuskha Chandan, Mumbai

7th December 2015

Comment

Hello Anuskha,
They are offering 1/2/2.5/3/3.5 BHK including Penthouse. The sizes of 1BHK will be 480 sq-ft., 2BHK in 651 sq-ft, 2.5BHK in 892 sq-ft., 3BHK in 1044 sq-ft., 3.5BHK in 1312 sq-ft and Penthouse in 2043 sq-ft. All the 1BHK has been sold out.

Rajiv,

7th December 2015

Yes, but they didn't disclose the rate per square foot. A 1BHK will come under Rs.1.64 to 2.15 Crore, 2BHK from Rs.2.29 to 3.32 Crore, 2.5BHK from Rs.3.01 to 3.91 Crore, 3BHK from Rs. 3.57 to 4.11 Crore, 3.5BHK from Rs. 4.42 to 5.05 Crore and Penthouse from Rs.8.04 to 9.71 Crore.

Neeraj Rao,

7th December 2015

Thanks Neeraj and Rajiv,
What are the location advantages of this project? How far is this project from nearby Railway Station and proposed Metro Terminus, Ghatkopar?

Anuskha Chandan, Mumbai

7th December 2015

Hi Pradyuman,
This project will be spread over 9.2 acres, will comprise a 5-star luxury hotel, cultural buildings, luxury residential, and retail space. While the residential development will be spread over 6.7 acres and the first phase will have a saleable area of 5 lakh sq-ft.

Rajiv,

7th December 2015

Comment

I also booked in I tower lower floor..nice views and most importantly very peaceful and away from the crowd. Phase-II is likely to be launched in March next year and Phase-III end of next year. All phases will be completed by Dec 2019. Entire project completion is Dec 2020.

Neeraj Rao,

7th December 2015

Yes, this represent that over 80% of the 374 apartments the developer had opened for sale in the phase-1 of "The Trees". The value of apartments sold is in excess of Rs. 700 crores making this Godrej Properties' most successful ever launch in terms of value of real estate sold.

Rajiv,

7th December 2015

Comment

I heard that this project will include commercial development spread across 9.4 acres including Godrej One and the Godrej Group's global headquarters that has already been developed. What about the residential development? Can you give some important feedback on it?

pradyumanapte, Mumbai

7th December 2015