Godrej Properties Ltd. (GPL), a leading Indian real estate developer, has announced its strategic entry into the Raipur market, marking a significant expansion of its geographical presence. The Mumbai-based company has acquired approximately 50 acres of land for a premium plotted development project, further solidifying its position in the country's evolving real estate landscape.

Project Details

The newly acquired land, situated near Old Dhamtari Road, is set to be developed into a residential plotted project. Key highlights of the acquisition include:

• Estimated saleable area of approximately 9.5 lakh square feet
• Strategic location in a rapidly growing real estate hub
• Excellent connectivity to Central Raipur, Raipur Railway Station, and Swami Vivekananda Airport

Strategic Location and Infrastructure

The chosen site for Godrej Properties' Raipur debut benefits from several advantageous factors:

• Proximity to strong social infrastructure, including reputed educational institutions, healthcare facilities, and retail outlets
• Integration with the Atal Path (Raipur–Naya Raipur Expressway)
• Close to upcoming Raipur–Hyderabad and Raipur–Visakhapatnam expressways

These infrastructure developments are expected to enhance the location's appeal for residential development, potentially boosting demand for the project.

Management's Perspective

Gaurav Pandey, MD & CEO of Godrej Properties, expressed enthusiasm about the company's entry into Raipur, stating, "This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. Raipur, with its growing demand for residential plotted developments and strong infrastructure growth, presents an exciting opportunity."

Pandey further emphasized the strategic alignment of this acquisition with the company's focus on entering high-growth cities through plotted developments.

Company Background

Godrej Properties, part of the Godrej Industries Group, brings a 128-year legacy of excellence and trust to the real estate industry. The company has maintained its position as India's largest developer by the value of residential sales, continuing its strong performance from the previous year.

Known for its commitment to sustainability, Godrej Properties has been ranked #1 globally amongst listed residential developers for its sustainability and governance practices by the Global Real Estate Sustainability Benchmark in 2020, 2021, and 2022.

As Godrej Properties ventures into Raipur, this move not only expands its geographical footprint but also reinforces its strategy of tapping into emerging real estate markets across India. The development of this premium plotted residential project is poised to create long-term value for residents while contributing to the urban landscape of Raipur.

Godrej Properties Ltd. (GPL), a leading Indian real estate developer, has announced its strategic entry into the Raipur market with the acquisition of a significant land parcel. This move marks the company's expansion into a new territory, tapping into the growing real estate potential of Chhattisgarh's capital city.

Land Acquisition Details

The Mumbai-based developer has acquired approximately 50 acres of land near Old Dhamtari Road in Raipur. This prime location is set to be developed into a premium plotted residential project, estimated to offer a saleable area of about 9.5 lakh square feet.

Strategic Location

The newly acquired land boasts excellent connectivity, a crucial factor in real estate development:

• Proximity to Central Raipur
• Easy access to Raipur Railway Station
• Close to Swami Vivekananda Airport
• Near upcoming expressways, including:
  • Atal Path (Raipur–Naya Raipur Expressway)
  • Proposed Raipur–Hyderabad Expressway
  • Planned Raipur–Visakhapatnam Expressway

Market Potential

Raipur's real estate market is showing promising signs of growth, particularly in the plotted development segment. The area surrounding the project site is experiencing rapid development, supported by robust social infrastructure including educational institutions, healthcare facilities, and retail outlets.

Management's Perspective

Gaurav Pandey, MD & CEO of Godrej Properties, expressed enthusiasm about the company's entry into Raipur, stating, "This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. Raipur, with its growing demand for residential plotted developments and strong infrastructure growth, presents an exciting opportunity."

Company Background

Godrej Properties, part of the Godrej Industries Group, brings a 128-year legacy of excellence and trust to the real estate industry. The company has maintained its position as India's largest developer by the value of residential sales in FY 2025, continuing its strong performance from the previous year.

Sustainability Focus

GPL has been recognized for its commitment to sustainable development:

• All developments are third-party certified green buildings since 2010
• Ranked #1 globally amongst listed residential developers for sustainability and governance practices by the Global Real Estate Sustainability Benchmark in 2020, 2021, and 2022
• Founding partner of the Sustainable Housing Leadership Consortium (SHLC)

This latest land acquisition in Raipur aligns with Godrej Properties' strategy to expand into high-growth cities through plotted developments, further solidifying its position in the Indian real estate market.