Godrej Properties has strengthened its residential development pipeline with two new land acquisitions in Gurugram and Kolkata, as part of its expansion strategy for the financial year 2025–26.
The real estate developer has purchased an 11.36-acre land parcel in Gurugram for an upcoming housing project and has also secured a 5-acre plot in Kolkata through an e-auction. These acquisitions come at a time when housing demand across major Indian cities continues to remain strong.
₹4,500 Crore Revenue Potential from Gurugram Project
According to a regulatory filing, the company acquired 11.36 acres of land in Sector 63A along the prominent Golf Course Extension Road corridor through an outright purchase.
The upcoming residential development on this site is expected to generate more than ₹4,500 crore in revenue.
Although the company did not disclose the land cost or the identity of the seller, market sources estimate that the transaction value could be around ₹1,000 crore.
The Golf Course Extension Road area has emerged as one of Gurugram’s most sought-after residential corridors, supported by modern infrastructure, strong connectivity, and rising demand for premium housing.
5-Acre Residential Project Planned in Kolkata
In a separate regulatory filing, Godrej Properties announced that it had won the bid for a 5-acre land parcel in Kolkata through an e-auction conducted by the West Bengal Housing Infrastructure Development Corporation Ltd.
The plot is located off the Eastern Metropolitan Bypass, one of the city’s key growth corridors.
The company plans to develop a housing project on the site with an estimated revenue potential of approximately ₹1,650 crore.
The EM Bypass region has seen growing residential demand in recent years due to improved connectivity, proximity to commercial hubs, and ongoing infrastructure development.
Strong Business Development Momentum in FY26
Commenting on the new acquisition in Gurugram, Gaurav Pandey, Managing Director and CEO of Godrej Properties, said the company has already added over ₹40,000 crore of future sales potential through new project additions in FY26.
According to Pandey, this represents twice the company’s business development guidance for the full financial year, making FY26 the strongest year for portfolio expansion in terms of future booking value.
He added that the new Gurugram project will further strengthen the company’s development portfolio in the National Capital Region (NCR) and help diversify its presence across different micro-markets.
“Our focus remains on building exceptional residential communities that create long-term value for residents,” Pandey noted.
Continued Growth in Housing Demand
Godrej Properties is among the leading real estate developers in India, with a strong presence across major cities including Mumbai, Delhi-NCR, Bengaluru, Pune, and Hyderabad.
To expand its development pipeline, the company typically adopts a combination of strategies:
Outright land purchases
Joint development agreements with landowners
Strategic partnerships for residential projects
The firm has reported strong operational performance during the current financial year. Sales bookings increased 25% year-on-year to ₹24,008 crore in the first nine months of FY26.
With continued demand across key housing markets, the company remains confident of achieving its full-year sales booking target of ₹32,500 crore for FY2025-26.
Expanding Residential Pipeline
The addition of new land parcels in Gurugram and Kolkata highlights Godrej Properties’ strategy of expanding its residential portfolio in high-growth urban markets.
With strong demand for housing, rising urbanisation, and improving infrastructure in major cities, developers are increasingly focusing on building new projects in strategic locations that offer long-term growth potential.
For Godrej Properties, these acquisitions are expected to strengthen its project pipeline and support sustained growth in the coming years.
