Godrej Properties Acquires 11 Acres in Gurugram for INR 4500 Crore Project
Filing Summary
Godrej Properties Limited has acquired an 11.36-acre land parcel on Golf Course Extension Road in Gurugram, Haryana. The acquisition is intended for residential development with an estimated revenue potential exceeding INR 4500 crore. The project will include a mix of premium low-rise and high-rise residences. The location in Sector 63A is part of a high-demand micro-market with strong connectivity. This acquisition contributes to Godrej Properties’ portfolio, adding over INR 40000 crore in future sales potential for FY 2026, marking a significant year for business development.
Godrej Properties Limited has announced the acquisition of an 11.36-acre land parcel on Golf Course Extension Road in Gurugram, Haryana. The acquisition is for residential development, with an estimated revenue potential of over INR 4500 crore. The project will feature a mix of premium low-rise and high-rise residences, along with lifestyle amenities.
The financial terms of the acquisition indicate a significant addition to Godrej Properties’ portfolio. The estimated revenue potential from this project is over INR 4500 crore. This acquisition is part of a broader strategy that has added over INR 40000 crore in future sales potential for the financial year 2026. This represents a doubling of the company’s business development guidance for the year.
The operational scope of the project includes residential development with a mix of premium low-rise and high-rise residences. The location in Sector 63A is strategically positioned within the Golf Course Extension Road micro-market. This area is noted for its strong connectivity to Golf Course Road, Sohna Road, and NH-48, making it a high-demand destination for residential, commercial, and retail developments.
The context of this acquisition highlights the Golf Course Extension Road as a desirable micro-market in the National Capital Region (NCR). The area offers a mix of high-end commercial spaces and premium residential properties. This acquisition enhances Godrej Properties’ development portfolio in the NCR, providing diversification across micro-markets and catering to robust regional demand.
The timeline for the development has not been explicitly stated in the filing. However, the acquisition contributes to Godrej Properties’ business development achievements for FY 2026, marking it as the company’s best year in terms of future booking value locked in. The project is expected to align with the company’s focus on building exceptional residential communities.
About Godrej Properties Limited: Godrej Properties integrates the Godrej Industries Group’s philosophy of innovation, sustainability, and excellence into the real estate sector. The company combines a 129-year legacy of excellence and trust with a commitment to cutting-edge design, technology, and sustainability. Godrej Properties was ranked #1 globally among listed residential developers for sustainability and governance practices by the Global Real Estate Sustainability Benchmark. The company remains focused on sustainable development, with all projects being third-party certified green buildings.