Godrej Properties Bags ₹7,000 Cr Greater Noida Mega-Project

Godrej Properties Limited (GPL) has emerged as the successful bidder for a 23.2-acre residential land parcel in the DMIC Integrated Township, Greater Noida, through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida.

The acquisition strengthens the company’s development pipeline in the National Capital Region (NCR) and reinforces its expansion strategy in high-growth real estate markets. GPL plans to develop a large-scale residential group housing project on the site, with an estimated revenue potential of over Rs 7,000 crore. The project is expected to address the rising demand for premium residential developments in Greater Noida, a rapidly growing residential and commercial destination.

The new addition further enhances Godrej Properties’ portfolio of residential projects and underscores its commitment to creating high-quality housing developments in key urban markets.

In a separate development, GPL recently awarded Tata Projects contracts for core and shell construction works across three upcoming residential projects on Golf Course Road in Gurugram. With a combined contract value of approximately Rs 1,100 crore, the partnership reflects the company’s continued emphasis on large-scale project execution and operational excellence.

News by Rahul Yelligetti.