Godrej Properties Acquires 75-Acre Land in Nagpur for INR 755 Crore
Filing Summary
Godrej Properties Limited has acquired a 75-acre land parcel in Nagpur, surpassing its FY26 business development guidance of INR 20,000 crore. The project is expected to generate an estimated revenue potential of INR 755 crore. The development will primarily consist of plotted residential units, offering approximately 1.7 million square feet of saleable area. The land is strategically located near key infrastructure, including the Samruddhi Mahamarg and MIHAN SEZ. This acquisition marks Godrej Properties’ third in Nagpur over four years, highlighting its focus on emerging growth corridors.
Godrej Properties Limited has announced the acquisition of a 75-acre land parcel in Nagpur. This acquisition enables the company to surpass its business development guidance of INR 20,000 crore for FY26. The project associated with this land is expected to have an estimated revenue potential of INR 755 crore. This marks the third acquisition by Godrej Properties in Nagpur over the past four years.
The financial terms of the acquisition include an estimated revenue potential of INR 755 crore. The project will primarily consist of plotted residential units, contributing to the company’s overall business development goals. The acquisition aligns with Godrej Properties’ strategic focus on expanding its presence in emerging real estate markets across India.
The scope of the project involves the development of plotted residential units, offering an estimated saleable area of approximately 1.7 million square feet. The land is strategically positioned near the Samruddhi Mahamarg and MIHAN SEZ, providing seamless connectivity to major corridors such as the Nagpur–Hyderabad Highway and Dr. Babasaheb Ambedkar International Airport. The location benefits from a well-developed social and municipal ecosystem, including access to healthcare facilities, educational institutions, retail hubs, and entertainment options.
The acquisition of this land parcel in Nagpur is part of Godrej Properties’ broader strategy to strengthen its presence in emerging growth corridors. The company has been focusing on infrastructure and industrial development in Nagpur, supported by improving connectivity and rising residential demand. This acquisition is a significant step in Godrej Properties’ expansion journey, as it continues to explore opportunities in the Indian real estate market.
The timeline for the development of the project has not been explicitly stated in the filing. However, the acquisition marks a continuation of Godrej Properties’ strategic initiatives in Nagpur, where it has made two previous acquisitions over the past four years. The company aims to leverage the strategic location of the land to create a quality plotted township that aligns with its long-term business objectives.
Godrej Properties Limited is a leading real estate developer in India, known for its focus on innovation, sustainability, and excellence. The company combines a legacy of trust with a commitment to cutting-edge design and technology. Godrej Properties has consistently been recognized for its sustainability and governance practices, retaining its position as India’s largest developer by the value of residential sales achieved in FY 2025. The company remains committed to sustainable development, with all its projects being third-party certified green buildings.