Godrej Properties Enters Coimbatore with 44-Acre Residential Project

Godrej Properties Limited has announced the acquisition of a 44-acre land parcel in Coimbatore through an outright purchase. 

The company plans to develop a premium plotted residential project on the site with an estimated developable potential of around 1.1 million square feet and a projected revenue potential of ~₹450 crore.

This acquisition marks the company’s entry into the Coimbatore real estate market and reflects its strategy of expanding into emerging urban centres with strong growth potential.

Planned Premium Residential Development

The proposed project will feature a well-planned plotted residential layout designed to offer modern infrastructure and community amenities. The development is expected to include landscaped open spaces, internal roads, and lifestyle facilities aligned with the company’s focus on design, sustainability, and quality.

The project will cater to the growing demand for plotted developments, which are increasingly preferred by homebuyers due to their flexibility for customised construction and long-term value appreciation.

Strategic Location in South Coimbatore

The land parcel is located in a prominent residential micro-market in South Coimbatore, close to the Coimbatore Golf Club. The location offers convenient access to key city infrastructure and is considered one of the more sought-after residential areas in the region.

The strategic positioning of the project is expected to enhance its appeal among both local homebuyers and investors.

Growing Real Estate Potential in Coimbatore

Coimbatore is emerging as a diversified economic hub supported by sectors such as manufacturing, IT and IT-enabled services, education, and healthcare. The city’s strong SME ecosystem and improving infrastructure are contributing to steady economic growth and rising disposable incomes.

These factors have been supporting sustained housing demand, particularly for plotted developments that combine affordability with long-term investment potential.

Gaurav Pandey, MD & CEO, Godrej Properties, said, “Our entry into Coimbatore aligns with our strategy of expanding into high-potential cities across India for plotted development. Coimbatore’s strong economic base and resilient end-user demand make it a compelling market. We look forward to developing a high-quality plotted community that strengthens our presence in South India.”

Godrej Properties Share Price Today

On March 13, 2026, Godrej Properties share price (NSE: GODREJPROP) opened at ₹1,601.00. At 11:13 AM, the share price of Godrej Properties was trading at ₹1,587.70, down by 1.77% on the NSE.

Also Read: Godrej Properties Acquires 11.36 Acres In Gurugram For ₹4,500 Crore Residential Project!

Conclusion

Godrej Properties’ entry into Coimbatore highlights the company’s strategy of expanding into fast-growing urban markets across India. The planned residential project is expected to strengthen the developer’s plotted development portfolio while tapping into the rising demand for quality housing in one of South India’s rapidly developing cities.

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