NEW DELHI: Godrej Properties (GPL) has successfully acquired a 75-acre land parcel in Nagpur, which has an estimated revenue potential of ₹755 crore.
According to Gaurav Pandey, MD & CEO of Godrej Properties, “This acquisition is a significant milestone in our expansion strategy as we aim to enhance our footprint in emerging real estate markets across India.”
This marks the third acquisition in Nagpur within the last four years.
The planned development on this land will primarily consist of residential plotted units, offering an estimated saleable area of 1.7 million square feet.
With this recent acquisition, the company has exceeded its business development annual target of ₹20,000 crore for FY26.
