Godrej Properties To Develop 18-Acre Project In Thane

26 Feb 2026 CW Team

Under its growth model, the company pursues both outright land acquisitions and joint development arrangements with landowners to deliver housing projects. Management indicated that strategic expansions in high-potential micro markets are central to the firm's growth strategy and to creating enduring value for homebuyers. The forthcoming development in Thane was described by the firm as its fourth project in the locality. The structure of the agreement intends to align incentives between the developer and the landowner.

Thane has been characterised by the company as one of the more attractive locations within the Mumbai Metropolitan Region, supported by improving connectivity and demand dynamics. Sales bookings in the first nine months of the fiscal rose 25 per cent to Rs 24,008 crore, equivalent to Rs 240.08 billion (Rs 240.08 bn), and the company signalled confidence in meeting a full year target of Rs 32,500 crore, or Rs 325 billion (Rs 325 bn), for 2025-26. The firm positioned the new site as consistent with its pipeline and revenue objectives. Analysts and market participants will watch execution timelines and approvals.

The regulatory filing signals a continuation of the company's strategy to source inventory through varied acquisition models and partnerships. Godrej Properties remains one of the leading real estate developers in the country and will proceed with planning and approvals before launch decisions. The transaction is expected to add meaningful inventory to the developer's Thane portfolio and to support its medium-term sales aspiration. Investors and prospective buyers will assess product mix, pricing and delivery schedule as the project advances.

Godrej Properties Ltd has entered into a joint development agreement to develop an 18-acre land parcel in Thane in the Mumbai Metropolitan Region, the company said in a regulatory filing. The project has been presented as a largely residential development with an estimated revenue potential of over Rs 75 billion (Rs 75 bn). The company did not disclose the identity of the landowner with whom it has partnered. The transaction forms part of the developer's ongoing expansion plans in the region. Under its growth model, the company pursues both outright land acquisitions and joint development arrangements with landowners to deliver housing projects. Management indicated that strategic expansions in high-potential micro markets are central to the firm's growth strategy and to creating enduring value for homebuyers. The forthcoming development in Thane was described by the firm as its fourth project in the locality. The structure of the agreement intends to align incentives between the developer and the landowner. Thane has been characterised by the company as one of the more attractive locations within the Mumbai Metropolitan Region, supported by improving connectivity and demand dynamics. Sales bookings in the first nine months of the fiscal rose 25 per cent to Rs 24,008 crore, equivalent to Rs 240.08 billion (Rs 240.08 bn), and the company signalled confidence in meeting a full year target of Rs 32,500 crore, or Rs 325 billion (Rs 325 bn), for 2025-26. The firm positioned the new site as consistent with its pipeline and revenue objectives. Analysts and market participants will watch execution timelines and approvals. The regulatory filing signals a continuation of the company's strategy to source inventory through varied acquisition models and partnerships. Godrej Properties remains one of the leading real estate developers in the country and will proceed with planning and approvals before launch decisions. The transaction is expected to add meaningful inventory to the developer's Thane portfolio and to support its medium-term sales aspiration. Investors and prospective buyers will assess product mix, pricing and delivery schedule as the project advances.

Infrastructure Urban

26 Feb 2026

We’ve cut 50,000 tonnes of carbon emmissions since 2019

MatchLog is challenging a decades-old logistics norm and empty container miles by directly matching import flows with export demand. Indeed, the platform is unlocking measurable cost savings, cutting emissions and driving structural change in landside operations. Dhruv Taneja, Founder and Global CEO, outlines the quantified impact, adoption journey and the evolving future of container reuse in an exclusive interview with Construction World. MatchLog has partnered with carriers such as Maersk, ONE and HMM in India. Could you share quantified outcomes from one specific corri..

Infrastructure Transport

26 Feb 2026

Airports: Capacity is Key

A lotus-inspired terminal design in Navi Mumbai International Airport. A terminal in a garden in Bengaluru’s Kempegowda International Airport. A peacock-inspired canopy in Chhatrapati Shivaji Maharaj International Airport. A nature-inspired terminal in Guwahati’s Lokpriya Gopinath Bordoloi International Airport.Truly, “India’s airports are no longer constrained by architectural ambition,” avers Ravikanth Mididhodi, Chief Technical Officer, J&F, a German-based engineering firm with over 25 years of global legacy in delivering advanced engineering and BIM services for air..

Real Estate

26 Feb 2026

In 2025, Amaravati attracted ₹ 28,075 crore in investments

In an exclusive interview with Construction World, Kanna Babu, IAS, Commissioner, Andhra Pradesh Capital Region Development Authority (APCRDA), reveals how Amaravati is entering a decisive new phase of capital city development. With 36 MoUs worth ₹ 45,589 crore, a ₹ 58,000 crore tender pipeline, and rising institutional investments, he explains the strategic execution, infrastructure rollout, and governance framework driving Amaravati’s emergence as a structured, investment-ready, and future-focused capital.APCRDA has recently secured major financial tie-ups, including loans from NA..