Property1 Jun 2026, 07:31 am
GPL wins Greater Noida land auction; ₹7,000 Cr revenue potential
AI Summary
Godrej Properties Ltd. (GPL) has won the bid for a 23.2-acre residential land parcel in Greater Noida through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida Limited. GPL plans to develop a residential group housing project on the land, expecting a revenue potential of over ₹7,000 crore. The project is strategically located in DMIC integrated township, Greater Noida, with strong connectivity to key expressways and the upcoming Noida International Airport.
Key Highlights
- Godrej Properties wins bid for 23.2-acre land in Greater Noida.
- Residential project expected to generate over ₹7,000 crore in revenue.
- Land is located in DMIC integrated township with strong connectivity.
- GPL has seen success in Greater Noida with recent projects achieving ₹1,500 crore sales each.
- The project will strengthen GPL's development portfolio in the NCR region.
Price Impact
More from GODREJPROP