Godrej Properties Ltd has strengthened its expansion pipeline with two strategic land acquisitions in Gurugram and Kolkata, together adding over ₹6,000 crore in estimated revenue potential to its development portfolio.

The company has purchased an 11.36-acre land parcel in Sector 63A along Golf Course Extension Road in Gurugram, where it plans a premium mixed-format residential project with a projected topline of over ₹4,500 crore. Simultaneously, it has secured a ~5-acre prime land parcel off EM Bypass in Kolkata through an e-auction conducted by the West Bengal Housing Infrastructure Development Corporation Ltd, with an expected revenue potential of around ₹1,650 crore.

The twin acquisitions underscore the company’s aggressive business development push in key NCR and eastern India micro-markets, as it looks to capitalise on sustained demand for premium and luxury housing across major urban centres.

The Gurugram plot is strategically located in Sector 63A, one of the prime sectors of Gurugram. It forms part of the Golf Course Extension Road micro-market, a major growth corridor with strong connectivity to Golf Course Road, Sohna Road, and NH-48. The micro-market has matured into a high-demand destination for residential, commercial, and retail developments.

Gaurav Pandey, MD & CEO, Godrej Properties, said, “With this new project, we have now added over INR 40,000 crore of future sales potential through portfolio additions in FY 26.  This represents delivery of 2X our business development guidance for the full financial year and makes it our best ever year for business development in terms of future booking value locked in.  We believe this positions Godrej Properties well to deliver sustained strong growth in the years ahead.

Golf Course Extension Road has established itself as one of the most desirable micro-markets in NCR, offering a mix of both high-end commercial spaces and premium residential properties. This new acquisition will further enhance our development portfolio in NCR, with good diversification across micro-markets, enabling us to cater to the region’s robust demand. Our focus remains on building exceptional residential communities that generate lasting value for residents.” 

In an e-auction conducted by the West Bengal Housing Infrastructure Development Corporation Ltd (WBHIDCO),  Godrej Properties Limited has also won the bid for a prime land parcel measuring ~ 5 acres, located off EM Bypass, Kolkata, a highly desirable and upmarket residential locality in the city.

The proposed premium residential development is expected to offer an estimated revenue potential of approximately INR 1,650 crore.

The EM Bypass corridor is one of Kolkata’s most well-connected and rapidly developing urban stretches, supported by strong physical and social infrastructure. It links major neighbourhoods such as Salt Lake, New Town, Park Circus, Gariahat, and Garia, enabling seamless access to commercial hubs, IT-ITeS clusters, educational institutions, and leading healthcare facilities across the city.

Multiple flyovers, arterial connectors, and its proximity to the under-construction Garia–Airport metro line further enhance connectivity. It also offers convenient road connectivity to Netaji Subhas Chandra Bose International Airport, further strengthening its position as one of Kolkata’s most desirable and future-ready micro markets.

Gaurav Pandey, MD & CEO, Godrej Properties, said: “Kolkata’s homebuyers are increasingly seeking neighbourhoods that offer strong connectivity, dependable social infrastructure, and homes aligned with evolving lifestyle needs. The EM Bypass micro-market reflects this shift, making it an important location for us to deepen our presence. With this acquisition, we endeavour to create a well-planned residential community that supports quality living, adapts to how families want to live today, and continues to deliver long‑term value for our customers.”