Godrej Properties Makes Strategic Moves in Ahmedabad and Navi Mumbai, Announces Projects Worth INR 4,800 Crore

Godrej Properties has announced a major acquisition in Vastrapur, Ahmedabad, where it has secured three acres of prime land for residential development. The project will offer 0.9 million square feet of residential space with an estimated booking value of INR 1,300 crore.

The Vastrapur project aims to provide diverse apartment configurations, catering to a wide range of homebuyers, including individuals, families, and working professionals. Located in a high-demand area, the site offers excellent connectivity and proximity to essential amenities such as educational institutions, hospitals, and shopping centers. This development underscores Godrej Properties' commitment to delivering modern living spaces tailored to evolving urban lifestyles.

Highest Bidder for Navi Mumbai Housing Project

In addition to its Ahmedabad expansion, Godrej Properties emerged as the highest bidder for a 6.54-acre housing project in Kharghar, Navi Mumbai. This ambitious project will deliver approximately 2 million square feet of residential space with an impressive total revenue potential of INR 3,500 crore.

Kharghar, located in Sector 5-A, is regarded as a key growth hub with strategic connectivity to business districts and transportation infrastructure. Known for its robust social infrastructure and rising residential demand, Kharghar offers immense potential for homebuyers seeking quality living environments.

Focus on Strategic Growth and Market Leadership

These acquisitions reflect Godrej Properties’ commitment to strategic growth in high-potential markets. By focusing on prime locations like Ahmedabad and Navi Mumbai, the company continues to strengthen its position as a leader in India’s real estate sector.

The projects are set to offer residential spaces tailored to meet diverse customer demands, enhancing affordability, luxury, and comfort. Godrej Properties’ continued success highlights its ability to identify lucrative opportunities and deliver superior living experiences to its customers.

Strengthening Real Estate Portfolio

The combined initiatives in Ahmedabad and Navi Mumbai represent a total revenue and booking value potential of INR 4,800 crore. This further consolidates Godrej Properties' leadership in India’s real estate market while addressing the growing housing needs across urban centers.

By delivering high-quality, innovative developments, the company reaffirms its focus on providing sustainable, well-connected, and premium residential spaces that cater to modern buyers.

Highlights

• Ahmedabad Development: Godrej Properties acquires 3 acres in Vastrapur to develop 0.9 million sq. ft. of residential space.
• Estimated Booking Value: INR 1,300 crore for the Ahmedabad project.
• Navi Mumbai Expansion: Godrej emerges as the highest bidder for a 6.54-acre group housing project in Kharghar, Navi Mumbai.
• Total Revenue Potential: Navi Mumbai project offers around 2 million sq. ft. with a revenue expectation of INR 3,500 crore.
• Strategic Focus: Both projects highlight the company’s focus on high-growth markets and customer-centric housing solutions.
• Combined Value: Total estimated potential from both projects exceeds INR 4,800 crore.

Source: Link…