NEW DELHI: Godrej Properties (GPL) has acquired 11.36 acres of land for residential development in sector 63A, Gurugram, through an outright purchase.
This project will offer residential development with an estimated revenue potential of over ₹4,500 crore, comprising a mix of premium low-rise and high-rise residencies.
Gaurav Pandey, managing director & CEO of the company said, “With this new project, we have now added over ₹40,000 crore of future sales potential through portfolio additions in FY26. This represents delivery of 2X our business development guidance for the full financial year.”
Separately, the company also won the bid in an e-auction conducted by the West Bengal Housing Infrastructure Development Corporation (WBHIDCO) for five-acre land parcel located off EM Bypass, Kolkata.
The proposed premium residential development is expected to offer an estimated revenue potential of approximately ₹1,650 crore.
