Godrej Properties wins Greater Noida land with ₹7,000 crore potential

1 min read     Updated on 02 Jun 2026, 06:31 AM
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Anirudha BScanX News Team
AI Summary

Godrej Properties acquired a 23.2-acre residential land parcel in Greater Noida via an e-auction, with an estimated revenue potential exceeding ₹7,000 crore. The project, located in the DMIC integrated township, will feature premium residential apartments and strengthen the company's presence in the NCR market.

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Godrej Properties won a 23.2-acre residential land parcel in the DMIC integrated township, Greater Noida, through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida Limited. The development is expected to offer an estimated revenue potential of over ₹7,000 crore, comprising premium residential apartments of varied configurations. The acquisition strengthens the company's portfolio in the National Capital Region (NCR), a major growth corridor with strong connectivity to the Eastern Peripheral Expressway, Noida-Greater Noida Expressway, and the upcoming Noida International Airport at Jewar.

The plot spans 93,905 sq. mtr. and is situated within a 750-acre smart plug-and-play infrastructure zone. Godrej Properties has experienced strong success in Greater Noida, with two of its recent launches in FY26 delivering sales of approximately ₹1,500 crore each. The company plans to develop a residential group housing project on the acquired land.

Gaurav Pandey, MD & CEO, Godrej Properties, said the company has witnessed consistent demand for its existing projects in Noida and remains bullish on this market. He added that the new project fits well with the strategy of deepening presence in key micro markets across India's leading cities.

Project Details

The following table outlines the key parameters of the acquired land parcel and the proposed development:

Parameter: Details
Location: DMIC integrated township, Greater Noida
Land Area: 23.2 acres (93,905 sq. mtr.)
Estimated Revenue Potential: Over ₹7,000 crore
Project Type: Residential group housing

The revenue potential estimate is based on current business assumptions. The filing was submitted to BSE Limited and The National Stock Exchange of India Limited on June 01, 2026.

Historical Stock Returns for Godrej Properties

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%-2.65%-6.25%-17.93%-24.59%+26.41%

What is the projected timeline for the launch and completion of this residential project?

How will the upcoming Noida International Airport at Jewar influence pricing and demand for this development?

What are the expected capital expenditure requirements for developing this 23.2-acre land parcel?

Godrej Properties to host analyst meet on June 4 in Mumbai

0 min read     Updated on 30 May 2026, 06:59 AM
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AI Summary

Godrej Properties has announced an analyst and institutional investor meet scheduled for June 4, 2026, in Mumbai. The meeting will include 1-on-1 and group sessions, featuring the company's latest quarterly investor presentation.

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Godrej Properties has scheduled an analyst and institutional investor meet for June 4, 2026, in Mumbai. The meeting will provide a platform for company officials to engage with market participants through 1-on-1 and group interactions. The event is subject to changes or cancellations due to exigencies on the part of the analysts, investors, or company officials.

The company will present its latest quarterly investor presentation, which has been submitted to the stock exchanges and is hosted on its website. This disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

Day & Date Analysts/Investors/Event Type of Meeting Place
Thursday, June 04, 2026 Multiple Meetings 1-on-1/ Group Meeting Mumbai

The intimation was signed by Ashish Sudhakar Karyekar, Company Secretary of Godrej Properties, on May 29, 2026.

Historical Stock Returns for Godrej Properties

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%-2.65%-6.25%-17.93%-24.59%+26.41%

What key strategic updates or guidance is Godrej Properties expected to share during the meeting?

How might the outcomes of the meeting influence investor sentiment and stock performance?

What are the potential market reactions to the quarterly investor presentation?

More News on Godrej Properties

1 Year Returns:-24.59%