Godrej Properties Acquires 75-Acre Nagpur Land Parcel
Real Estate

Godrej Properties Acquires 75-Acre Nagpur Land Parcel

Godrej Properties (GPL) has exceeded its FY26 business development guidance of Rs 200 billion with the acquisition of a 75-acre land parcel in Nagpur. The project has an estimated revenue potential of Rs 7.55 billion*.

This marks GPL’s third acquisition in Nagpur in four years, reinforcing its focus on emerging growth corridors. The planned development will primarily comprise plotted residential units, with an estimated saleable area of 1.7 million sq ft.

The land is strategically located near the Samruddhi Mahamarg and MIHAN SEZ, and offers connectivity to the Nagpur–Hyderabad Highway and Dr Babasaheb Ambedkar International Airport. The site also benefits from proximity to healthcare facilities, educational institutions, retail hubs, and entertainment centres.

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.”

*On the basis of the current business assumptions


Godrej Properties (GPL) has exceeded its FY26 business development guidance of Rs 200 billion with the acquisition of a 75-acre land parcel in Nagpur. The project has an estimated revenue potential of Rs 7.55 billion*.This marks GPL’s third acquisition in Nagpur in four years, reinforcing its focus on emerging growth corridors. The planned development will primarily comprise plotted residential units, with an estimated saleable area of 1.7 million sq ft.The land is strategically located near the Samruddhi Mahamarg and MIHAN SEZ, and offers connectivity to the Nagpur–Hyderabad Highway and Dr Babasaheb Ambedkar International Airport. The site also benefits from proximity to healthcare facilities, educational institutions, retail hubs, and entertainment centres.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.”*On the basis of the current business assumptions

Next Story
Real Estate

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Next Story
Infrastructure Urban

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Next Story
Infrastructure Transport

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement