Godrej Properties shares rallied more than 6% after the company reported an exceptional sales performance at the launch of its premium plotted development, Evora Estate, in Panipat. The project has recorded plot sales worth over ₹1,000 crore since its launch in December 2025, marking a major milestone for the real estate developer and reinforcing strong demand in the plotted development segment.
Evora Estate has seen the sale of more than 600 plots, covering close to 8 lakh square feet of saleable area. This makes it the company’s most successful plotted development launch to date in terms of sales value. The strong traction reflects robust customer interest in well-planned, lifestyle-oriented residential projects, particularly in fast-growing Tier-2 cities.
The project also represents Godrej Properties’ entry into the Panipat real estate market and is the fourth addition to its residential plotted township portfolio in North India. This expansion aligns with the company’s strategy of tapping emerging urban centres with improving infrastructure and rising housing aspirations.
Located in Sector 40, Panipat, the 43-acre Evora Estate benefits from strategic connectivity via NH-44A, enhancing accessibility to key economic and urban hubs. Designed around a Mediterranean theme, the development features a luxury clubhouse and premium lifestyle amenities, positioning it firmly in the high-end residential category.