New Launch4 Mar 2026, 07:31 am
Godrej Properties Acquires 11 Acre Land Parcel in Gurugram with INR 4,500 Crore Revenue Potential
AI Summary
Godrej Properties Ltd. (GPL) has acquired an 11.36 acre land parcel in Gurugram, Haryana, for residential development. The project is expected to offer an estimated revenue potential of over INR 4,500 Crore, comprising a mix of premium low-rise and high-rise residencies. The plot is strategically located in Sector 63A, a prime sector of Gurugram, and forms part of the Golf Course Extension Road micro-market. This acquisition adds over INR 40,000 crore of future sales potential to GPL's portfolio and is expected to contribute to the company's sustained strong growth in the years ahead.
Key Highlights
- Godrej Properties acquires 11.36 acres of land in Gurugram for residential development
- The project is expected to offer an estimated revenue potential of over INR 4,500 Crore
- The plot is strategically located in Sector 63A, a prime sector of Gurugram, and forms part of the Golf Course Extension Road micro-market
- This acquisition adds over INR 40,000 crore of future sales potential to GPL's portfolio
- GPL continues to focus on sustainable development and all its developments are third-party certified green buildings