6 months ago
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Godrej Properties Ltd, having established a formidable beingness successful metros, is seen pursuing maturation plans successful Tier 2 cities. The institution connected Friday (November 21, 2025) announced the acquisition of 75 acres onshore parcel successful Nagpur to connection premier existent property successful that city.
This is the 3rd acquisition successful Nagpur implicit the past 4 years, underscoring its beardown momentum and strategical absorption connected emerging maturation corridors.
The improvement connected this onshore volition comprise chiefly plotted residential units and volition connection an estimated saleable country of 1.7 cardinal quadrate feet, the institution said.
The task volition person an estimated gross imaginable of ₹755 crore, it added.
With this acquisition the institution said it has surpassed its concern improvement yearly guidance of ₹20,000 for FY 26.
The onshore parcel is located adjacent the Samruddhi Mahamarg and MIHAN SEZ, offering connectivity to large corridors, including the Nagpur–Hyderabad Highway and Dr. Babasaheb Ambedkar International Airport, the institution said.
Gaurav Pandey, MD & CEO, Godrej Properties, said, “Nagpur continues to fortify its presumption arsenic an important centre for infrastructure and concern development, supported by improving connectivity and rising residential demand.”
“This acquisition marks different important measurement successful our enlargement travel arsenic we look to fortify our beingness successful emerging existent property markets crossed India. We look guardant to processing a prime plotted township that creates semipermanent worth for its residents, aligned with our evolving aspirations,” helium added.
