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 Limited has successfully secured a prime land parcel in Kolkata, marking another strategic acquisition in the eastern Indian real estate market. The company won the bid for approximately 5 acres of land located off EM Bypass through an e-auction conducted by the West Bengal Housing Infrastructure Development Corporation Ltd (WBHIDCO).

Acquisition Details

The land acquisition represents a significant investment opportunity for the real estate developer, with the proposed premium residential development expected to offer substantial revenue potential.

*Based on current business assumptions

Strategic Location Advantages

The EM Bypass corridor represents one of Kolkata's most well-connected and rapidly developing urban areas. The location offers exceptional connectivity advantages that make it highly attractive for residential development:

• Neighborhood Connectivity: Links major areas including Salt Lake, New Town, Park Circus, Gariahat, and Garia
• Infrastructure: Supported by strong physical and social infrastructure
• Transportation: Multiple flyovers and arterial connectors enhance accessibility
• Future Connectivity: Proximity to the under-construction Garia-Airport metro line
• Airport Access: Convenient road connectivity to Netaji Subhas Chandra Bose International Airport

The corridor provides seamless access to commercial hubs, IT-ITeS clusters, educational institutions, and leading healthcare facilities across the city, positioning it as one of Kolkata's most desirable and future-ready micro markets.

Management Commentary

Gaurav Pandey, MD & CEO of Godrej Properties, emphasized the strategic importance of the acquisition: "Kolkata's homebuyers are increasingly seeking neighbourhoods that offer strong connectivity, dependable social infrastructure, and homes aligned with evolving lifestyle needs. The EM Bypass micro-market reflects this shift, making it an important location for us to deepen our presence."

The company aims to create a well-planned residential community that supports quality living while adapting to contemporary family lifestyle requirements and delivering long-term value for customers.

Company Background

Godrej Properties brings the Godrej Industries Group's legacy of excellence and trust to the real estate sector, combining innovation, sustainability, and cutting-edge design with technology. The company has received significant recognition for its sustainability practices and maintains its position as a leading developer in India's residential real estate market.

The company has been consistently ranked among top performers globally by various sustainability benchmarks and continues to focus on creating value for customers through well-planned residential communities.