Godrej Properties sells ₹3,000 crore worth homes and plots in Panipat, Worli
Planned across 2.63 acres, the project offers three-bedroom and four-bedroom residences with three apartments per floor
The real estate developer plans group housing on the land parcel in the Mahalunge-Hinjewadi micro-market, with a developable potential of about 2.1 million sq ft
Realty firm Godrej Properties Ltd on Friday said it has bought 8.5 acre land to build a housing project with an estimated revenue of Rs 2,000 crore. In a regulatory filing, Godrej Properties informed that it has acquired a 8.5-acre land parcel through outright purchase at Mahalunge, Pune. "The proposed development will primarily comprise group housing and is expected to offer a developable potential of approximately 2.1 million square feet, with an estimated revenue potential of Rs 2,000 crore," the company said. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Pune is one of India's most vibrant urban centers, driven by robust infrastructure development and thriving commercial hubs." Godrej Properties, one of the leading real estate developers in the country, is acquiring land parcels for future developments. The company has a strong presence in Mumbai Metropolitan Region, Pune, Bengaluru and Delhi-NCR. It has also entered the Hyderabad market recently.
In the past two weeks, the BSE Realty index has slipped 10 per cent, as against a 2.5 per cent decline in the BSE Sensex.
The company sold 16,428 homes with a total saleable area of 27.26 million square feet (msf), driven by 41 project launches across India during the year
Real-estate stocks in focus: However, in the past six months, Nifty Realty index has underperformed the market by falling 7.4 per cent, as against 2.1 per cent rise in the Nifty 50.
Nomura highlights that developers are on track for a third consecutive quarter of steady sales momentum, driven largely by sustained interest in branded residential offerings.
In January this year, Godrej Properties announced entry into the Hyderabad housing market with the launch of its first project at Kokapet.
Godrej Properties has sold housing properties worth Rs 2,600 crore in the first year of operation in Hyderabad and it is looking to expand business in the city that offers huge growth opportunities, a top company official said. In January this year, Godrej Properties announced entry into the Hyderabad housing market with the launch of its first project at Kokapet. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej highlighted that the company has performed exceedingly well in the Hyderabad market. "We launched our first project in Hyderabad during January-March quarter. We launched our second project in July-September quarter. Between these two projects, we have achieved sales bookings of more than Rs 2,600 crore of in our first calendar year of operation in the city," said Pirojsha. Noting that the Hyderabad market has a "huge growth potential", he said the company would like to expand business in this city to tap strong demand for premium and luxury
Godrej Properties has sold housing properties worth Rs 2,600 crore in the first year of operation in Hyderabad and it is looking to expand business in the city that offers huge growth opportunities, a top company official said. In January this year, Godrej Properties announced entry into the Hyderabad housing market with the launch of its first project at Kokapet. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej highlighted that the company has performed exceedingly well in the Hyderabad market. "We launched our first project in Hyderabad during January-March quarter. We launched our second project in July-September quarter. Between these two projects, we have achieved sales bookings of more than Rs 2,600 crore of in our first calendar year of operation in the city," said Pirojsha. Noting that the Hyderabad market has a "huge growth potential", he said the company would like to expand business in this city to tap strong demand for premium and luxury
Top four listed real estate firms plan ₹1.13 trn worth of launches in near-medium term
In the past one month, the realty index has tanked 8 per cent, as against 2 per cent rise in the Nifty 50.
To develop premium residential project, eyeing ₹4,150 cr in revenue
To develop premium residential project, eyeing ₹4,150 cr in revenue
Godrej Properties has bought 5 acres of land in Hyderabad through an auction process and will develop a housing project worth Rs 4,150 crore on this site. In a regulatory filing on Monday, the company stated that it participated in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a land parcel measuring approximately 5 acres in Neopolis, Kokapet. Godrej Properties emerged as the highest bidder, according to the MSTC Ltd. e-tendering portal. The authority will issue the allotment letters after following the due process. "The proposed development on this land is planned as a premium residential project with a saleable area of about 2.5 million sq ft and an estimated revenue potential of around Rs 4,150 crore," the company said. Godrej Properties had acquired a 7.825-acre land parcel in Kukatpally, Hyderabad, in August. After entering the Hyderabad housing market, the company has launched two projects. The company has sold properties worth Rs 2,
Godrej Properties has bought 5 acres of land in Hyderabad through an auction process and will develop a housing project worth Rs 4,150 crore on this site. In a regulatory filing on Monday, the company stated that it participated in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a land parcel measuring approximately 5 acres in Neopolis, Kokapet. Godrej Properties emerged as the highest bidder, according to the MSTC Ltd. e-tendering portal. The authority will issue the allotment letters after following the due process. "The proposed development on this land is planned as a premium residential project with a saleable area of about 2.5 million sq ft and an estimated revenue potential of around Rs 4,150 crore," the company said. Godrej Properties had acquired a 7.825-acre land parcel in Kukatpally, Hyderabad, in August. After entering the Hyderabad housing market, the company has launched two projects. The company has sold properties worth Rs 2,
Godrej Properties continues to be bullish about housing demand and will acquire this fiscal year multiple land parcels with a total revenue potential of around Rs 30,000 crore, a top company official said. Godrej Properties is aggressively acquiring land parcels outright and also partnering land owners to expand its business. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej said the company's business development, which means new land acquisition, has been pretty strong during the first six months of this fiscal and the pipeline for the second half also looks attractive. Godrej Properties recently announced that the company has surpassed the business development guidance of Rs 20,000 crore for the current fiscal. Pirojsha said the company keeps business development target conservative to avoid any pressure on the internal team for land acquisitions. "Land market has heated up. But, we should do at least Rs 30,000 crore GDV (gross development value
The plot offers 1.7 msf of development potential and pushes the company past its Rs 20,000 crore annual BD guidance
Kesar India shares edged higher after the company said it has sold a parcel of land in Mauza Takli, Tahsil Hingna, Nagpur, to Godrej Properties through an agreement executed on November 20, 2025.