Godrej Properties Limited has announced a significant land acquisition in Gurugram, strengthening its presence in the National Capital Region's premium real estate market. The company acquired 11.36 acres of land in Sector 63A through an outright purchase, marking another strategic addition to its development portfolio.

Strategic Land Acquisition Details

The acquisition encompasses key parameters that position it as a premium development opportunity:

The project will feature a mix of premium low-rise and high-rise residencies, complemented by exceptional lifestyle amenities designed to cater to the high-end residential market in the region.

Prime Location Advantages

The acquired land parcel is strategically positioned in one of Gurugram's most sought-after areas. Sector 63A forms part of the Golf Course Extension Road micro-market, which has evolved into a major growth corridor with excellent connectivity infrastructure. The location provides strong access to Golf Course Road, Sohna Road, and NH-48, making it highly attractive for residential development.

The Golf Course Extension Road micro-market has matured into a high-demand destination, hosting a diverse mix of residential, commercial, and retail developments that enhance the overall appeal of the area.

Business Development Milestone

This acquisition represents a significant milestone in the company's FY26 business development performance. According to MD & CEO Gaurav Pandey, the company has now added over ₹40,000 crore of future sales potential through portfolio additions in FY26. This achievement represents delivery of 2X their business development guidance for the full financial year, making it their best ever year for business development in terms of future booking value locked in.

Market Positioning and Growth Strategy

The acquisition aligns with Godrej Properties' strategy to build a diversified portfolio across key micro-markets in the NCR region. The Golf Course Extension Road area has established itself as one of the most desirable micro-markets in NCR, offering a compelling combination of high-end commercial spaces and premium residential properties.

This new development will enhance the company's ability to cater to the robust demand in the region while maintaining focus on building exceptional residential communities that generate lasting value for residents. The strategic location and premium positioning are expected to contribute significantly to the company's sustained growth trajectory in the years ahead.

Godrej Properties Ltd. announced on February 23, 2026, that it has entered into a joint development agreement to develop an approximately 18-acre land parcel in Thane, Mumbai. The proposed development represents a significant addition to the company's portfolio with an estimated revenue potential of over INR 7,500 crore.

Project Details and Location

The land parcel is strategically located in an established micro-market of Thane, offering excellent connectivity to both existing and upcoming infrastructure developments. The project will be a largely residential development, marking Godrej Properties' fourth venture in the Thane region.

Infrastructure and Connectivity

The development benefits from strategic positioning with access to multiple transportation corridors. Key connectivity features include the Thane–Wadala Metro and the Thane–Borivali twin-tube tunnel, providing seamless access across the Mumbai Metropolitan Region.

Future infrastructure developments are expected to further enhance the location's appeal:

• Thane Coastal Road
• Mumbai–Ahmedabad Bullet Train with dedicated Thane station
• Multiple proposed metro corridors

These connectivity catalysts are anticipated to significantly reduce travel times and improve access to major residential, commercial, and employment hubs across the region.

Management Commentary

Gaurav Pandey, MD & CEO of Godrej Properties, emphasized the strategic importance of the acquisition. "Strategic expansions in high-potential micro-markets are central to our growth strategy and our focus on creating enduring value for homebuyers," Pandey stated. He highlighted that Thane has evolved into one of MMR's most attractive locations, offering a strong mix of public spaces and lifestyle amenities.

Pandey noted that the large format of the land will enable a well-planned integrated residential development, aligning with the company's commitment to building communities that respond to evolving customer needs while contributing meaningfully to their cities.

Market Position and Recognition

Godrej Properties maintains its position as a leading real estate developer in India. In FY 2025, the company retained its status as India's largest developer by the value of residential sales achieved. The company has received recognition for its sustainability practices, with the Global Real Estate Sustainability Benchmark ranking it #1 globally amongst listed residential developers in 2020, 2021, 2022, and 2025.

The company has also achieved top ranking in the Real Estate and Management sector on the S&P Global's Dow Jones best in class indices as of December 31st, 2025. In recent years, Godrej Properties has received over 500 awards and recognitions across various categories in the real estate sector.