Godrej Properties acquires 75 acres in Nagpur
Godrej Properties Ltd. has acquired a 75-acre land parcel in Nagpur, India, with an estimated revenue potential of ₹755 crore. This acquisition marks the company’s third in Nagpur over the past four years, highlighting its strategic focus on emerging growth corridors and expanding its presence in high-growth tier-II cities .
The development on this land will primarily consist of plotted residential units, offering an estimated saleable area of approximately 1.7 million square feet. This strategic move has also enabled Godrej Properties to surpass its annual business development guidance of ₹20,000 crore for the financial year 2026. The land parcel is strategically located near the Samruddhi Mahamarg and the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) Special Economic Zone (SEZ), Godrej Plots Samruddhi Mahamarg Nagpur providing excellent connectivity to major transportation routes, including the Nagpur–Hyderabad Highway and Dr. Babasaheb Ambedkar International Airport.
The area also benefits from well-established social and civic infrastructure, such as hospitals, schools, retail, and entertainment facilities. Gaurav Pandey, Managing Director and CEO of Godrej Properties, emphasized Nagpur’s growing importance as a real estate market due to its strengthening position as a center for infrastructure and industrial development, improved connectivity, and Godrej Projects Nagpur News rising residential demand . This acquisition aligns with the company’s strategy to develop quality plotted townships that create long-term value for residents.
Godrej Properties Limited (GPL), one of India’s prominent real estate developers, has pushed its growth momentum further by acquiring a sprawling 75-acre land parcel in Nagpur. With this deal, the company has already surpassed its FY26 business development guidance of ₹20,000 crore, marking a key milestone well ahead of schedule.
This newly acquired land will be developed mainly into plotted residential units, offering an estimated saleable area of around 1.7 million square feet. Godrej Plots News Nagpur The site comes with a strategic advantage, sitting close to the Samruddhi Mahamarg and the MIHAN SEZ, two of Nagpur’s most important connectivity and economic hubs. Godrej Forest Estate Its proximity to the Nagpur–Hyderabad Highway and Dr. Babasaheb Ambedkar International Airport further strengthens its appeal for future homebuyers and investors.
The surrounding area is already supported by a strong social infrastructure that includes established hospitals, educational institutions, retail centres, and entertainment options. This makes the location not just convenient but also highly suitable for a planned, modern township.
Gaurav Pandey, MD & CEO, Godrej Properties, stated, “Nagpur continues to strengthen its position as an important centre for infrastructure and industrial development, supported by improving connectivity and rising residential demand. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. Godrej Properties Samruddhi Mahamarg Nagpur We look forward to developing a quality plotted township that creates long-term value for its residents, aligned with our evolving aspirations.”
