Godrej Properties Ltd. (GPL) announced the acquisition of 11.36 acres of land in Gurugram, Haryana, via outright purchase. The residential development planned for this strategic location is expected to generate an estimated revenue potential of over INR 4,500 Crore. This acquisition supports GPL’s guidance, bringing total future sales potential from portfolio additions in FY26 to over INR 40,000 crore.
Godrej Properties Secures Prime Land in Gurugram
Godrej Properties Ltd. (GPL) has confirmed the acquisition of an 11.36-acre land parcel located in Sector 63A, Gurugram, Haryana, through an outright purchase. This strategic location is part of the thriving Golf Course Extension Road micro-market, known for its connectivity and high demand across residential, commercial, and retail segments.
The resultant development project is projected to yield an estimated revenue potential exceeding INR 4,500 Crore. The planned community will feature a mix of premium low-rise and high-rise residences, supported by lifestyle amenities.
Strategic Business Impact and Growth Trajectory
Gaurav Pandey, MD & CEO, highlighted the significance of this deal, stating that with this new project, GPL has added over INR 40,000 crore of future sales potential through portfolio additions in FY 26. This achievement represents 2X the business development guidance for the full financial year, positioning GPL for sustained strong growth.
The Golf Course Extension Road micro-market is recognized as one of the most desirable in the National Capital Region (NCR). This acquisition aids in diversifying GPL’s development portfolio across the region to cater to robust demand for premium residential properties.
Commitment to Sustainability and Excellence
The announcement reiterated Godrej Properties’ foundation built on innovation, sustainability, and excellence. The company maintains its commitment to sustainable development, having mandated that all developments be third-party certified green buildings since 2010. GPL continues to be recognized globally for its sustainability and governance practices, including maintaining a leading rank on the S&P Global’s Dow Jones best in class indices as of December 31st, 2025.
Source: BSE
