Godrej Properties Ltd (GPL) has announced the purchase of a 34-acre land parcel in Vadodara, Gujarat. This marks its second project in the state within a year, after acquiring a 3-acre plot in Ahmedabad in October 2024.
The Vadodara land will be used to develop premium residential plots. The project will offer a saleable area of around 0.9 lakh square feet.
The plot is located on Ajwa Road, a fast-growing area with several villas and plotted housing developments. It enjoys strong infrastructure and easy access to Vadodara Airport, city centre, major commercial hubs, educational institutions, and leisure spots.
This move follows Godrej’s recent entry into other tier-2 cities like Nagpur and Indore. The company aims to build sustainable communities that add long-term value for residents.
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As of 1 August 2025, at 1:30 pm IST, Godrej Properties share price (NSE: GODREJPROP) is trading at ₹2,097.00, down ₹5.90 or 0.28% for the day. The stock opened at ₹2,105.00, touched a high of ₹2,123.00 and a low of ₹2,061.80 during intraday trading. Over the past 52 weeks, the stock has recorded a high of ₹3,399.00 and a low of ₹1,900.00.
With increasing interest in plotted developments and growing demand in tier-2 cities, Godrej Properties’ expansion into Vadodara highlights its focus on tapping into emerging residential markets.
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Published on: Aug 1, 2025, 1:35 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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