Godrej Properties Sells ₹1,000 Crore Worth of Plots at Evora Estate, Panipat Key Highlights :
- Record Launch: Godrej Properties sold over 600 plots spanning 8 lakh sq ft at Evora Estate, generating ₹1,000+ crore in sales, marking its largest plotted development launch by value.
- Project Details: Evora Estate covers 43 acres in Sector 40, Panipat, featuring a Mediterranean theme, a luxurious clubhouse, and premium lifestyle amenities.
- First Project in Panipat: This is GPL’s debut in Panipat and the fourth residential plotted township in North India for the company.
- Market Potential: Panipat’s growth is driven by enhanced NH-44 connectivity, expanding industries, and evolving infrastructure, making it an attractive residential and investment hub.
Godrej Properties Limited (GPL) , one of India’s leading real estate developers,reported that it has sold plots worth over INR 1,000 crore at the launch of its premium plotted development, Evora Estate, located in Sector 40, Panipat. The company has sold over 600 plots, spanning around 8 lakh square feet of saleable area since its launch in December, 2025. This is GPL's first project in Panipat and marks GPL’s most successful ever plotted development launch by value of sales achieved.
Strategically located on NH 44A, Evora Estate spans 43 acres and features a refined Mediterranean theme, complete with a luxurious clubhouse and premium lifestyle amenities. Designed as a premium residential plotted development, it is the company’s first project in Panipat and the fourth addition to its portfolio of residential plotted townships in North India.
Panipat’s evolution as a micro-market has been shaped by sustained infrastructure improvements, including enhanced connectivity via NH-44 and a stronger transport and industrial network. These shifts are steadily positioning the city as an attractive residential catchment in North India.
Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are deeply encouraged by the response to Evora Estate, our first plotted development in Panipat. This milestone reinforces our belief that customers across emerging markets are seeking thoughtfully designed neighbourhoods that offer long-term value and a meaningful quality of life. We are grateful for the trust our customers and partners continue to place in us. As we expand our presence in Haryana, our focus will remain on creating high-quality, sustainable living environments that contribute positively to the communities we serve.”
Panipat Real Estate: A Growing Market with Big Opportunities
Panipat, known as the “City of Weavers,” is emerging as one of the fastest-growing real estate markets in Haryana. Its strategic location on NH-44, expanding industries, and improving infrastructure are attracting both homebuyers and investors. Strong connectivity to Delhi makes Panipat ideal for long-term living and investment opportunities.
Why Panipat Is Rising in Real Estate?
- Industrial Growth: Panipat is home to textile industries, handloom units, and the Panipat Refinery, generating thousands of jobs each year. Industrial expansion is driving demand for nearby housing.
- Affordable Housing: Compared to Gurgaon or Noida, Panipat offers budget-friendly flats, mid-range apartments, and premium gated communities with modern amenities like parks, security, parking, and community spaces.
- Strong Rental Demand: Students, factory workers, and office employees create a steady rental market, making it attractive for property investors.
- Lifestyle Development: Roads, schools, hospitals, shopping areas, and entertainment options are improving, enhancing the quality of life for residents.
As per, landszo.com, Panipat’s housing market has shown robust growth, with the total market value reaching ₹1.20 trillion in 2025, up 13% from ₹1.07 trillion in 2024. The average price per square foot for modern homes stands at ₹8.2 lakh, with 2,847 active listings across key sectors.
Rental trends in Panipat highlight strong growth, with average rents steadily increasing due to corporate presence, infrastructure development, and demand from job hubs. Although the average rent is currently reported at zero, premium locations continue to command higher rental rates, outperforming the national average of ₹2,083 per month.
Investors and homebuyers are encouraged to leverage data-driven insights and expert guidance for informed real estate decisions, making Panipat a promising market for both residential purchases and rental investments.
