Godrej Properties Acquires 75 Acres of Land in Nagpur With an Estimated Revenue Potential of ₹755 Crore
Godrej Properties has purchased a 75-acre land parcel in Nagpur planned for a plotted residential project, with an estimated revenue potential of ₹755 crore.
Godrej Properties acquired nearly 75 acres of land in Nagpur, with a projected revenue estimate of ₹755 crore. This was revealed through a stock exchange filing on November 21, 2025. The estimate is based on the company’s current business assumptions.
Company Achieves FY26 Business Target
With this acquisition, the company has already surpassed its FY26 annual business development target of ₹20,000 crore. The target reflects the value of planned land transactions for the year, and this purchase pushes the company ahead of the announced guidance. This announcement adds to several recent developments made during the current financial year.
One of the Three Major Acquisitions in Nagpur
The Nagpur deal marks Godrej Properties’ third major land purchase in the city in nearly four years. The company plans to develop a plotted residential project with an estimated saleable area of around 1.7 million sq. ft. The project aims to offer independent residential plots as part of a large housing layout.
Strategically Located Near Key Roads & Industrial Hubs
The land parcel is located close to the Godrej Samruddhi Mahamarg Expressway, offering direct connectivity to various parts of Maharashtra. It is also near the MIHAN Special Economic Zone, a major industrial and logistics hub. Road access includes the Nagpur–Hyderabad Highway, and Dr. Babasaheb Ambedkar International Airport is also accessible from the site. The area is supported by existing healthcare, education, retail, and entertainment facilities.
Operations of Godrej Properties
Godrej Properties states that it has been India’s largest residential developer in terms of sales value in FY 2024 and FY 2025. Its projects follow green building certification guidelines, and the company has repeatedly received sustainability recognition under the Global Real Estate Sustainability Benchmark (GRESB).
Godrej Properties Share Price Performance
As of 11:30 AM on November 21, 2025, the share price of Godrej Properties was trading at ₹2,090.00, down 1.59% from the previous close.
Godrej Plots Samrudhhi Mahamarg
Godrej Plots Samrudhhi Mahamarg With this acquisition, the company has exceeded its FY26 business development target and expanded its portfolio in Nagpur. The land is planned for a plotted residential development of approximately 1.7 million sq. ft.
