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Godrej Properties has acquired 11.36 acres of land for residential development in Gurugram, Haryana, through an outright purchase. This project will offer residential development with an estimated revenue potential of over Rs 4,500 crore, comprising a mix of premium low-rise and high-rise residencies, along with exceptional lifestyle amenities.
The plot is strategically located in Sector 63A, one of the prime sectors of Gurugram. It forms part of the Golf Course Extension Road micro-market, a major growth corridor with strong connectivity to Golf Course Road, Sohna Road, and NH-48. The micro-market has matured into a high-demand destination for residential, commercial, and retail developments.
Godrej Properties has won the bid in an e-auction conducted by the West Bengal Housing Infrastructure Development Corporation (WBHIDCO) for a prime land parcel measuring ~ 5 acres, located off EM Bypass, Kolkata, a highly desirable and upmarket residential locality in the city.
The proposed premium residential development is expected to offer an estimated revenue potential of approximately Rs 1,650 crore.
The EM Bypass corridor is one of Kolkata's most well-connected and rapidly developing urban stretches, supported by strong physical and social infrastructure. It links major neighbourhoods such as Salt Lake, New Town, Park Circus, Gariahat, and Garia, enabling seamless access to commercial hubs, IT-ITeS clusters, educational institutions, and leading healthcare facilities across the city. Multiple flyovers, arterial connectors, and its proximity to the under-construction Garia–Airport metro line further enhance connectivity. It also offers convenient road connectivity to Netaji Subhas Chandra Bose International Airport, further strengthening its position as one of Kolkata's most desirable and future-ready micro markets.
The company plans to develop a premium residential project on the site with an estimated revenue potential of approximately Rs 1,650 crore, based on current business assumptions.
The parcel is situated along the EM Bypass corridor, which is a well-connected and rapidly developing micro-market linking Salt Lake, New Town, Park Circus, Gariahat, and Garia.
The location benefits from proximity to the under-construction Garia–Airport metro line and connectivity to Netaji Subhas Chandra Bose International Airport.
In a separate filing, Godrej Properties announced that acquisition of 11.36 acres of land in Sector 63A, Gurugram, through an outright purchase.
The parcel is located along Golf Course Extension Road, one of NCR’s most premium residential corridors.
The proposed residential development is expected to generate over Rs 4,500 crore in revenue potential, comprising a mix of premium low-rise and high-rise units.
The company’s management indicated that with this transaction, GPL has added over Rs 40,000 crore of future sales potential in FY26, representing approximately 2x its full-year business development guidance, and marking its strongest year for incremental booking value addition.
Godrej Properties is a leading national real estate developer. It is a real estate arm of the Godrej Group. The company currently operates in various cities and focuses on residential, commercial, and township development.
The company' s consolidated net profit rose 20.00% to Rs 195.16 crore despite a 48.56% decline in revenue to Rs 498.36 crore in Q3 FY26 over Q3 FY25.
The scrip tumbled 4.51% to currently trade at Rs 1655.40 on the BSE.
Godrej Properties Ltd rose 1.16% today to trade at Rs 1709.4. The BSE Realty index is up 0.2% to quote at 6405.04. The index is down 9.37 % over last one month. Among the other constituents of the index, Lodha Developers Ltd increased 0.71% and Phoenix Mills Ltd added 0.66% on the day. The BSE Realty index went down 10.17 % over last one year compared to the 6.65% surge in benchmark SENSEX.
Godrej Properties Ltd has lost 20.1% over last one month compared to 9.37% fall in BSE Realty index and 2.01% drop in the SENSEX. On the BSE, 2164 shares were traded in the counter so far compared with average daily volumes of 61038 shares in the past one month. The stock hit a record high of Rs 2522.55 on 05 Feb 2025. The stock hit a 52-week low of Rs 1476.05 on 01 Feb 2026.
Godrej Properties announced that it has sold plots worth over Rs 1,000 crore at the launch of its premium plotted development, Evora Estate, located in Sector 40, Panipat. The company has sold over 600 plots, spanning around 8 lakh square feet of saleable area since its launch in December, 2025. This is GPL's first project in Panipat and marks GPL's most successful ever plotted development launch by value of sales achieved.
Strategically located on NH 44A, Evora Estate spans 43 acres and features a refined Mediterranean theme, complete with a luxurious clubhouse and premium lifestyle amenities. Designed as a premium residential plotted development, it is the company's first project in Panipat and the fourth addition to its portfolio of residential plotted townships in North India.
Panipat's evolution as a micro-market has been shaped by sustained infrastructure improvements, including enhanced connectivity via NH-44 and a stronger transport and industrial network. These shifts are steadily positioning the city as an attractive residential catchment in North India.
Evora Estate is spread across 43 acres in Sector 40, Panipat, and is strategically located on NH-44A. The project features a Mediterranean-themed design and offers premium lifestyle amenities, including a luxury clubhouse. It is the company’s fourth residential plotted township in North India.
The company said Panipat’s evolution as a micro-market has been driven by sustained infrastructure improvements, including enhanced connectivity via NH-44 and a stronger transport and industrial network. These developments are steadily positioning the city as an attractive residential catchment in North India.
Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are deeply encouraged by the response to Evora Estate, our first plotted development in Panipat. This milestone reinforces our belief that customers across emerging markets are seeking thoughtfully designed neighbourhoods that offer long-term value and a meaningful quality of life. We are grateful for the trust our customers and partners continue to place in us. As we expand our presence in Haryana, our focus will remain on creating high-quality, sustainable living environments that contribute positively to the communities we serve.”
The company's consolidated net profit jumped 20.84% to Rs 405.08 crore, despite a 32.27% fall in net sales to Rs 470.38 crore in Q2 FY26 over Q2 FY25.
Godrej Properties announced that it has sold homes worth over Rs 2,000 crore in Phase 1 of its project Godrej Trilogy, in Worli, South Mumbai. The project comprises of three towers. In the initial launch phase, homes on select floors within two of the three towers, named Seaturf and Seafront, with a total opened inventory of approximately Rs 3,500 crore, have been brought to market.
Planned across 2.63 acres, the project offers expansive 3-bedroom and 4-bedroom residences with just three apartments per floor, ensuring privacy and exclusivity. True to its name, Godrej Trilogy presents a distinctive trilogy of views, offering uninterrupted panoramas of the Arabian Sea, the Mumbai Skyline, and the historic Mahalaxmi Racecourse from structures that, when completed, will be amongst the tallest buildings in India.