Godrej Properties – Artifex.News https://artifex.news Stay Connected. Stay Informed. Fri, 21 Nov 2025 04:05:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png Godrej Properties – Artifex.News https://artifex.news 32 32 Godrej Properties buys 75 acres land in Nagpur for plotted township project https://artifex.news/article70306031-ece/ Fri, 21 Nov 2025 04:05:00 +0000 https://artifex.news/article70306031-ece/ Read More “Godrej Properties buys 75 acres land in Nagpur for plotted township project” »

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Gaurav Pandey, MD & CEO, Godrej Properties

Godrej Properties Ltd, having established a formidable presence in metros, is seen pursuing growth plans in Tier 2 cities. The company on Friday (November 21, 2025) announced the acquisition of 75 acres land parcel in Nagpur to offer prime real estate in that city. 

This is the third acquisition in Nagpur over the past four years, underscoring its strong momentum and strategic focus on emerging growth corridors. 

The development on this land will comprise primarily plotted residential units and will offer an estimated saleable area of 1.7 million square feet, the company said.

The project will have an estimated revenue potential of ₹755 crore, it added.

With this acquisition the company said it has surpassed its business development annual guidance of ₹20,000 for FY 26.

The land parcel is located near the Samruddhi Mahamarg and MIHAN SEZ, offering connectivity to major corridors, including the Nagpur–Hyderabad Highway and Dr. Babasaheb Ambedkar International Airport, the company said.

Gaurav Pandey, MD & CEO, Godrej Properties, said, “Nagpur continues to strengthen its position as an important centre for infrastructure and industrial development, supported by improving connectivity and rising residential demand.”

“This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. We look forward to developing a quality plotted township that creates long-term value for its residents, aligned with our evolving aspirations,” he added.

Published – November 21, 2025 09:35 am IST



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]]> Godrej Properties emerges as the highest bidder for luxury housing plot in Gurugram  https://artifex.news/article68794549-ece/ Fri, 25 Oct 2024 03:40:15 +0000 https://artifex.news/article68794549-ece/ Read More “Godrej Properties emerges as the highest bidder for luxury housing plot in Gurugram ” »

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| Photo Credit: Getty Images/iStockphoto

Godrej Properties Ltd. (GPL) said it has emerged as the highest bidder and has secured the Letter of Intent to develop a group housing plot at Golf Course Road in Gurugram through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). 

The plot, measuring 7.5 acres is located in the Golf Course Road micro-market and will offer a development potential of over 1.7 million square feet, comprising of luxury residential apartments of varied configurations, with an estimated revenue potential of ₹5,500 crore. 

In FY24, GPL acquired two prime parcels measuring 5.15 acres and 2.76 acres in the Golf Course Road micro-market from HSVP through auction and plans to launch housing projects in the current financial year. 

“The estimated revenue potential of GPL’s developable land on Golf Course Road in Gurgaon is $1.5 billion,” the company said. 

Gaurav Pandey, MD & CEO, Godrej Properties, said, “We have witnessed strong demand for our projects in the NCR market demonstrating the huge trust and confidence which our customers have placed in us. 

“This new acquisition will further strengthen our development portfolio in NCR as well as cater to strong demand for our products in this market. We will aim to build outstanding residential communities that create long-term value for its residents,” he said. 

Published – October 25, 2024 09:10 am IST



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