Godrej Avenue 9

Godrej Avenue 9 is a retail and entertainment development on Plot REP-01, Sector 27, Greater Noida, registered with UP RERA as a commercial project under number UPRERAPRJ839208/07/2025 dated 19 July 2025, with a completion date of 30 April 2030. It is a single building of ground plus three floors over a basement, holding 585 units inside Godrej Golf Links, the group's 100-acre township. Units run from small kiosks to anchor floor plates, averaging about 501 sq ft of carpet area, priced at Rs 36,500 per sq ft. This is Godrej Properties' first retail and lifestyle destination in Delhi NCR, which is the reason to pay attention and also the reason for caution: the group has an established commercial record in Mumbai and Gurgaon but no retail asset it has built and run in this region. One disclosure in the filing deserves attention before anything else. The developer has taken construction finance from ICICI Bank and has mortgaged the township land as security.

About Godrej Properties and AR Landcraft LLP, the Developer of Godrej Avenue 9

Godrej Properties is the real estate arm of the Godrej group, founded in 1897 by Ardeshir Godrej and now touching over 1.1 billion lives across agriculture, consumer goods, appliances, and real estate. Its commercial portfolio includes Godrej BKC in Bandra and Godrej One in Vikhroli, Godrej Square on LBS Marg, and Godrej GCR on Golf Course Road, Gurgaon.

What it does not yet include is retail in this region. Godrej Avenue 9 is described by the company as its first retail and lifestyle destination in Delhi NCR. Building offices and building a shopping destination are different disciplines: one is delivered and leased to a handful of large tenants; the other depends on tenant mix, footfall, anchor commitments, and years of active mall management. The construction capability is not in question. The retail operating record in this market does not exist yet, and that is the honest frame for the investment.

The entity you contract with is AR Landcraft LLP, which is named as the developer of the project. Godrej Properties is the brand on the building, and its own website carries the project, but the promoter on the RERA registration is the LLP. Match the promoter name on the registration to the name on your allotment letter and agreement for sub-lease before signing.

What Godrej Avenue 9 Is, and What Is for Sale

The building is ground plus three floors with a basement, and the RERA unit schedule breaks the 585 units down by level: one in the basement, 164 on the ground floor, 181 on the first, 163 on the second, and 76 on the third.

That distribution tells you how the building works. The ground and first floors carry the bulk of the small shops, the second floor thins out, and the third floor holds only 76 units, which is where the larger formats sit. The filing records 255 distinct carpet sizes across the building, from kiosks of under 100 sq ft to anchor spaces of around 17,700 sq ft. Total carpet area across all 585 units is 27,211.7 sq m, or about 292,900 sq ft, which averages roughly 501 sq ft per unit.

The formats planned are a full retail mix rather than a strip of shops: food and beverage, shopping, a cinema, a family entertainment center, and leisure zones, organized around an open-to-sky central atrium. The project describes itself as combining the draw of a mall with the accessibility of high street retail.

For a buyer the practical question is which of those you are buying into. A 300 sq ft unit on the first floor and a 5,000 sq ft unit on the third are entirely different assets with different tenants, different rents, and different liquidity. Establish the floor, the frontage, the atrium visibility, and the neighboring formats for the specific unit you are offered, not the building's average.

Price and Ticket Size at Godrej Avenue 9

The rate is Rs 36,500 per sq ft. Godrej quotes retail spaces on its own site from about Rs 2.70 crore, and market listings put smaller shops from around Rs 1.10 crore.

Working from the rate, a 250 sq ft unit is about Rs 91 lakh, a 500 sq ft unit about Rs 1.83 crore, a 740 sq ft unit about Rs 2.70 crore, and a 1,000 sq ft unit about Rs 3.65 crore. Add stamp duty, registration, and GST on top, along with any interest-free maintenance deposit and common area maintenance charges once the building is operating.

Two things to settle before you commit. First, establish whether the rate applies to carpet area or to a chargeable area, because in retail the gap between the two is usually wider than in housing, and the answer changes your cost per usable foot substantially. The RERA filing publishes carpet area for every unit, so ask for your unit's carpet figure and divide the total consideration by it yourself.

Second, no rental guidance is published for this project, and no yield can honestly be calculated without it. Retail rents in a new destination depend almost entirely on what anchors sign and how quickly the center fills. Ask what is pre-leased, which anchors and which cinema operator have committed, at what rent per sq ft the developer is underwriting, who holds the leasing mandate, and whether any assured return is offered and which entity carries that obligation. A retail unit without a tenant produces nothing.

What the Godrej Avenue 9 Filing Discloses About the Land

Three things in the record are worth understanding before you buy, and none of them is hidden. All three come from the project's own documents.

The plot is a recreational and entertainment plot. It is formally Plot REP-01, Sector 27, Greater Noida, measuring 403,575 sq m, close to 100 acres, and the project occupies a portion of it. The RERA filing registers the project against 63,257 sq m. That land-use category is what permits a cinema and family entertainment center alongside retail, and it is worth reading the permitted-use terms in the lease.

The land is leasehold from GNIDA. The developer acquired it from the Greater Noida Industrial Development Authority on a leasehold basis under a lease deed of November 2014, registered as document number 34217, book 1, volume 17146, page 165 with the Sub-Registrar, Gautam Buddh Nagar. A further lease deed numbered 11418 followed in May 2015 and a further authority document in April 2025, against an original commercial allotment of July 2014. What you acquire is a sub-lease, subject to the application form, allotment letter, and agreement for sub-lease.

The township land is mortgaged. The developer declares that it has availed construction finance from ICICI Bank Limited and has secured that facility by mortgaging the township land in favor of the lender. This is ordinary practice and is disclosed openly, but it has a practical consequence: a mortgaged parcel requires the lender's no-objection certificate before individual units can be subleased and conveyed to buyers. Ask for confirmation in writing that your unit will be released from the mortgage on payment, and get the process for obtaining the lender's NOC in writing before you pay a substantial installment.

Design and Construction at Godrej Avenue 9

The building is planned around a grand open-to-sky central atrium, which is the organizing device for the whole scheme: natural light down through the levels and an open circulation flow and sightlines between floors, which in retail terms is what makes upper floors leasable rather than dead space. A peripheral loop road connects each retail entry point with a dedicated drop-off plaza, and a network of footpaths links the building to the surrounding landscape.

On the filing, the architect is Ar. Avanish Srivastav, license CA/2016/77184, based at Gamma 1, Greater Noida. Structural engineering is by Paresh and Associates of Central Lane, Babar Road, New Delhi. The contractor is Devki Buildwell Private Limited of Sector 135, Noida. Ask what retail work that contractor has completed, since a mall shell with long spans and an atrium is a different build from a residential tower.

The service commitments are modest and appropriate for the format: water supplied by GNIDA and treated on site, a central sewage treatment plant with the building connected to it, a single power feeder from NPCL into a central substation, a waste segregation area with an organic waste converter, recharge pits for water conservation, and LED and solar lighting. Community buildings are recorded as not applicable, which is correct for a retail project.

Godrej Avenue 9 Location and Catchment: Why Sector 27, Greater Noida

The location argument here is not about roads; it is about who already lives within driving distance.

Godrej Avenue 9 sits inside Godrej Golf Links, a 100-acre township in Sector 27, and the project claims direct access to more than 1.47 lakh residents across the surrounding Greater Noida communities. That is the number that matters for retail. The immediate catchment includes Jaypee Greens and the Alpha, Sigma, and Omicron sectors, with Pari Chowk and Knowledge Park 2 close by.

The institutional and employment catchment is unusually deep for Greater Noida. Within the surrounding sectors are BIMTECH, GL Bajaj Institute of Technology and Management, DPS Greater Noida at Delta 1, G.D. Goenka Public School, Aster Public School, and Pragyan School, alongside Wipro at Knowledge Park IV, LG Electronics at Ecotech II, Minda Corporation at Ecotech III, and the GNIDA office itself. Noida Sector 148 and the Noida-Greater Noida Expressway connect the address to the north, and upcoming development centers for Microsoft and TCS in the Noida 140s sectors would add daytime population within reach.

The longer-term argument is the airport. Noida International Airport at Jewar is within the same corridor, with passenger traffic expected to build from around 12 million a year toward a planned 70 million, and Greater Noida sits between the expressways that feed it.

The honest counterpoint is that Greater Noida has historically been under-retailed for a reason: the population is spread across a low-density grid rather than concentrated, and shoppers here have long driven to Noida's established malls. A destination of this format has to pull people who currently go elsewhere. The catchment numbers support the attempt; whether it works depends on the tenant mix, and that is the thing to ask about rather than the footfall projection.

Godrej Avenue 9 Specifications at a Glance

Developer: Godrej Properties, the real estate arm of the Godrej group, founded 1897

Promoter on the filing: AR Landcraft LLP

Address: Plot REP-01, Sector 27, Greater Noida, Tehsil Dadri, Gautam Buddha Nagar

RERA ID: UPRERAPRJ839208/07/2025 dated 19 July 2025, registered as a commercial project, Greater Noida Authority sanction

Building plan: PLG/(BP)/1678 dated 7 May 2025, valid to 6 May 2030 and extendable to 5 May 2035. Commencement certificate filed 13 June 2025

Land: Plot REP-01 is a recreational and entertainment plot of 403,575 sq m, close to 100 acres. The project is registered against 63,257 sq m of it, within the Godrej Golf Links township

Tenure: leasehold from GNIDA under lease deed 34217 of November 2014, registered as document 34217, book 1, volume 17146, page 165, with a further lease deed 11418 of May 2015 and an original commercial allotment from July 2014. Buyers acquire a sublease.

Finance disclosure: the developer has availed construction finance from ICICI Bank Limited and has secured it by mortgaging the township land in favour of the lender

Building: one retail building, ground plus three floors over a basement

Units: 585 in total. One in the basement, 164 on the ground floor, 181 on the first, 163 on the second and 76 on the third

Unit sizes: 255 distinct carpet areas, from kiosks under 100 sq ft to anchor spaces of about 17,700 sq ft

Total carpet area: 27,211.7 sq m, about 292,900 sq ft, averaging roughly 501 sq ft per unit

Formats: food and beverage, shopping, cinema, family entertainment center, and leisure zones around an open-to-sky central atrium

Site works: peripheral loop road connecting each retail entry with a dedicated drop-off plaza, footpath network, boundary wall with integrated security rails

Services: water from GNIDA treated on-site, central sewage treatment plant, single power feeder from NPCL to a central substation, waste segregation area with organic waste converter, recharge pits, LED and solar lighting

Architect: Ar. Avanish Srivastav, CA/2016/77184, Greater Noida. Structure: Paresh and Associates, New Delhi. Contractor: Devki Buildwell Private Limited, Noida

Escrow: ICICI Bank, K1 Senior Mall, Sector 18, Noida. Collection 777705754506, separate 777705754507, transaction 777705754508

Project cost: Rs 727.87 crore

Price: Rs 36,500 per sq ft. Godrej quotes retail spaces from about Rs 2.70 crore, with smaller shops listed from around Rs 1.10 crore

Indicative ticket sizes at Rs 36,500: about Rs 91 lakh for 250 sq ft, Rs 1.83 crore for 500 sq ft, Rs 2.70 crore for 740 sq ft and Rs 3.65 crore for 1,000 sq ft

Catchment: within a 100-acre township with claimed direct access to over 1.47 lakh residents

Registered agents: 29

Completion: 30 April 2030, a 56-month build from 1 September 2025