Godrej Properties Limited (GPL), one of India’s leading real estate developers, has announced the acquisition of a 75-acre land parcel in Nagpur, marking a significant milestone in its expansion strategy. With this acquisition, GPL has surpassed its annual business development guidance of Rs.20,000 crore for FY26.
This is the company’s third acquisition in Nagpur in the past four years, underscoring its strong momentum and strategic focus on emerging growth corridors. The project is expected to generate an estimated revenue potential of Rs.755 crore, with development plans centered on plotted residential units spanning a saleable area of approximately 1.7 million sq. ft.
The land parcel is strategically located near the Samruddhi Mahamarg and MIHAN SEZ, offering seamless connectivity to major corridors including the Nagpur–Hyderabad Highway and Dr. Babasaheb Ambedkar International Airport. The site benefits from a well developed ecosystem with access to healthcare facilities, educational institutions, retail hubs, and entertainment options, making it an attractive destination for future residential development.
Commenting on the acquisition, Gaurav Pandey, MD & CEO, Godrej Properties, said: “Nagpur continues to strengthen its position as an important centre for infrastructure and industrial development, supported by improving connectivity and rising residential demand. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. We look forward to developing a quality plotted township that creates long term value for its residents, aligned with our evolving aspirations.”
The acquisition highlights GPL’s commitment to expanding into emerging Tier II markets, aligning growth with infrastructure development and rising housing demand. With Nagpur’s growing prominence as a hub for industry and connectivity, the project is expected to set new benchmarks in plotted residential development.
