Godrej Properties has successfully acquired a 23.2-acre residential land parcel in the DMIC integrated township, Greater Noida. The development is anticipated to generate an estimated revenue potential of over ₹7,000 crore. This strategic acquisition is expected to bolster Godrej Properties’ presence in the National Capital Region (NCR) and aligns with their strategy to deepen their footprint in key Indian micro-markets.
Godrej Properties Secures Prime Land in Greater Noida
Godrej Properties Ltd. (GPL), a prominent Indian real estate developer, has announced its successful bid for a significant 23.2 acres (93,905 sq. mtr.) residential land parcel. The acquisition took place via an e-auction conducted by DMIC Integrated Industrial Township Greater Noida Limited. This strategic move marks a substantial expansion for the company in the burgeoning Greater Noida region.
High Revenue Potential Project Planned
The newly acquired land parcel is slated for the development of a premium residential group housing project. Godrej Properties estimates that this development will yield a revenue potential exceeding INR 7,000 crore, offering a diverse range of residential apartment configurations to cater to market demand. The project’s strategic location within the DMIC integrated township, which boasts 750 acres of smart infrastructure, is a key advantage.
Strategic Location and Market Outlook
The plot is situated in a vital growth corridor, benefiting from excellent connectivity to the Eastern Peripheral Expressway, Noida-Greater Noida Expressway, and the upcoming Noida International Airport at Jewar. Godrej Properties has observed considerable success in the Greater Noida market, with recent launches in FY26 generating approximately INR 1,500 crore each in sales. This acquisition further strengthens their development portfolio in the National Capital Region (NCR).
Company Vision and Commitment
Gaurav Pandey, MD & CEO, Godrej Properties, expressed enthusiasm about the new project, stating, “We are happy to add this new project in Greater Noida to our portfolio. We have witnessed consistent demand for our existing projects in Noida, and we remain bullish on this market.” He further emphasized that this acquisition aligns with the company’s strategy of deepening its presence in key micro-markets across India’s leading cities.
About Godrej Properties Limited
Godrej Properties is driven by a purpose to craft joy, having provided homes to over 100,000 families and establishing itself as India’s largest residential developer by value and volume. As part of the Godrej Industries Group, it combines a 129-year legacy with a forward-looking approach to shape urban India. The company’s operations are grounded in thoughtful design, sustainability, community building, and uncompromising quality. Notably, as of December 2025, Godrej Properties was recognized as the number one real estate company globally by the Dow Jones Best-in-Class Sustainability Indices and the Global Real Estate Sustainability Benchmark.
Contact Information
For further information, please contact Anurag David, Corporate Communications, Godrej Industries Limited, via email at [email protected] or mobile at +9193225 01136.
Source: BSE
