Godrej Properties Announces Rs 6,150 Crore Revenue Potential Through 2 Strategic Land Acquisitions in Gurugram and Kolkata

On Tuesday, shares of Godrej Properties Limited jumped 2.84 per cent to Rs 1,684.30 per share from its previous closing of Rs 1,733.50 per share. The stock’s 52-week high is Rs 2,506.50 per share and its 52-week low is Rs 1,475.00 per share.

On March 04, 2026, Godrej Properties Limited (GPL), one of India's leading Real Estate developers, announced two major land acquisitions in Gurugram and Kolkata, with a combined estimated revenue potential of Rs 6,150 crore.

Gurugram Project to Generate Rs 4,500 Crore Revenue

Godrej Properties has acquired an 11.36-acre land parcel in Sector 63A, Gurugram, through an outright purchase. The land is located along the Golf Course Extension Road, a key growth corridor in the National Capital Region (NCR).

The company plans to develop a premium residential community comprising a mix of low-rise and high-rise residences along with lifestyle amenities. The project is expected to generate an estimated revenue of over Rs 4,500 crore.

The location offers strong connectivity to Golf Course Road, Sohna Road, and NH-48, and is situated in a well-established micro-market with strong residential and commercial demand.

Gaurav Pandey, Managing Director and CEO of Godrej Properties, stated that with this acquisition, the company has secured over Rs 40,000 crore in future sales potential for FY26. This marks double the business development guidance set for the full financial year and represents the company’s best year for business development to date.

Kolkata Land Acquisition with Rs 1,650 Crore Potential

In a separate announcement on the same day, the company revealed that it won a bid for an approximately 5-acre land parcel located off the EM Bypass in Kolkata. The bid was secured through an e-auction conducted by the West Bengal Housing Infrastructure Development Corporation Ltd (WBHIDCO).

The proposed premium residential development carries an estimated revenue potential of around Rs 1,650 crore.

The EM Bypass corridor is a prominent urban stretch linking key areas such as Salt Lake, New Town, and Park Circus. The project benefits from proximity to the under-Construction Garia–Airport metro line and offers convenient access to the Netaji Subhas Chandra Bose International Airport.

According to CEO Gaurav Pandey, the acquisition aligns with the company’s strategy to deepen its presence in Kolkata and cater to homebuyers seeking strong connectivity and modern lifestyle infrastructure.

About Godrej Properties Ltd

Godrej Properties remains India’s largest developer by the value of residential sales achieved in FY2025. The company focuses on sustainable development, with a commitment that all its projects are third-party certified green buildings. As of late 2025, it was ranked number one globally among listed residential developers for sustainability and governance practices by the Global Real Estate Sustainability Benchmark.

The company has a market capitalisation of over Rs 50,732.18 crore. The stock price has delivered returns of over 44.27 per cent in the last three years.

Disclaimer: The article is for informational purposes only and not investment advice.