Godrej Properties has expanded its presence in the National Capital Region after securing a residential land parcel in Greater Noida through an e-auction.
The planned development is expected to add a significant project to the company's portfolio and carries an estimated revenue potential exceeding ₹7,000 crore.
The company won the bid for a 23.2-acre land parcel, equivalent to around 93,905 square metres, located within the DMIC Integrated Township in Greater Noida.
Godrej Properties intends to develop a group housing project featuring premium residential apartments across multiple configurations.
Based on current business assumptions, the proposed development is expected to generate revenue of more than ₹7,000 crore, making it one of the notable additions to the company's NCR pipeline.
The project site forms part of the DMIC Integrated Township, which spans approximately 750 acres and offers smart plug-and-play infrastructure.
The location benefits from connectivity to key transport corridors, including the Eastern Peripheral Expressway and the Noida-Greater Noida Expressway.
It is also positioned to benefit from the upcoming Noida International Airport at Jewar, which is expected to support future residential demand in the region.
Gaurav Pandey, Managing Director and Chief Executive Officer of Godrej Properties, said the acquisition strengthens the company's development portfolio in NCR and aligns with its strategy of increasing its presence in important micro-markets across major Indian cities.
He noted that the company has witnessed steady demand for its projects in Noida. This trend was reflected in Greater Noida, where two launches during FY26 recorded sales of approximately ₹1,500 crore each.
Godrej Properties is among India's leading residential developers and has delivered homes to more than 100,000 families.
The company is part of the Godrej Industries Group and combines a 129-year business legacy with a focus on design, sustainability, community development and quality.
As of December 2025, the company was ranked the top real estate firm globally on both the Dow Jones Best-in-Class Sustainability Indices and the Global Real Estate Sustainability Benchmark.
Read More: Capital Gains Tax in FY27: Why Are Investors Moving Beyond Residential Real Estate?
As of 01 June 2026, at 12:55 PM, Godrej Properties Ltd share price is trading at ₹1,749.60 per share, reflecting a decline of 0.74% from the previous closing price.
The Greater Noida acquisition further strengthens Godrej Properties' NCR presence and adds a large-scale residential development opportunity with substantial revenue potential in a growing housing market.
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Published on: Jun 1, 2026, 3:15 PM IST
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