Godrej is the highest bidder for Haryana luxury plots
Real Estate

Godrej is the highest bidder for Haryana luxury plots

Godrej Properties, the real estate development business of Godrej Group, has emerged as the highest bidder for two luxury group housing plots in the Golf Course Road micro market of Gurgaon in Haryana.

The projects spread over 2.76 acres and 5.15 acres will have a combined estimated revenue potential of about Rs 3,100 crore. The average rate for a plot in this market is around Rs 100 crore per acre.

"Our foray into the prime Golf Course Road micromarket with two luxury residential projects marks a significant milestone for Godrej Properties," said Gaurav Pandey, MD & CEO, Godrej Properties. "It aligns well with our expansion strategy and will further solidify our position as a leading real estate developer in NCR."

The auction for the plots was conducted by Haryana Shehri Vikas Pradhikaran (HSVP). Golf Course Road is an established micromarket known for its upscale residential and commercial developments, making it an attractive destination for real estate developers. Godrej Properties has made multiple acquisitions in and around the NCR post-Covid.

This includes a land parcel in Gurgaon that the company acquired recently through outright purchase. The project on this land will offer approximately 1.6 million sq ft of premium residential development with an estimated revenue potential of about Rs 2,500 crore.

Godrej Properties, the real estate development business of Godrej Group, has emerged as the highest bidder for two luxury group housing plots in the Golf Course Road micro market of Gurgaon in Haryana.The projects spread over 2.76 acres and 5.15 acres will have a combined estimated revenue potential of about Rs 3,100 crore. The average rate for a plot in this market is around Rs 100 crore per acre.Our foray into the prime Golf Course Road micromarket with two luxury residential projects marks a significant milestone for Godrej Properties, said Gaurav Pandey, MD & CEO, Godrej Properties. It aligns well with our expansion strategy and will further solidify our position as a leading real estate developer in NCR.The auction for the plots was conducted by Haryana Shehri Vikas Pradhikaran (HSVP). Golf Course Road is an established micromarket known for its upscale residential and commercial developments, making it an attractive destination for real estate developers. Godrej Properties has made multiple acquisitions in and around the NCR post-Covid.This includes a land parcel in Gurgaon that the company acquired recently through outright purchase. The project on this land will offer approximately 1.6 million sq ft of premium residential development with an estimated revenue potential of about Rs 2,500 crore.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?