Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India’s leading real estate developers, today announced its entry in Raipur with the acquisition of ~ 50 acres of land. The development on this land will primarily comprise premium plotted residential units and will offer an estimated saleable area of ~ 9.5 lakh square feet.
Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India’s leading real estate developers, today announced its entry in Raipur with the acquisition of ~ 50 acres of land. The development on this land will primarily comprise premium plotted residential units and will offer an estimated saleable area of ~ 9.5 lakh square feet.
Strategically located near Old Dhamtari Road, a rapidly growing real estate hub, the location provides good connectivity to Central Raipur, Raipur Railway Station, and Swami Vivekananda Airport. The area is also witnessing accelerated development backed by strong social infrastructure, including reputed educational institutions, healthcare, and retail facilities. With major infrastructure upgrades, such as its integration with the Atal Path (Raipur–Naya Raipur Expressway) and proximity to the upcoming Raipur–Hyderabad and Raipur–Visakhapatnam expressways, the location appeal is further enhanced for residential development.
Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are delighted to announce our entry into the dynamic city of Raipur. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. Raipur, with its growing demand for residential plotted developments and strong infrastructure growth, presents an exciting opportunity. This acquisition also aligns strategically with our focus on entering high-growth cities through plotted developments. We look forward to developing a quality plotted township that creates long-term value for its residents, aligned with the region’s evolving aspirations.”
