Godrej Properties has announced the acquisition of 34 acres of land on Ajwa Road in Vadodara, Gujarat, marking its entry into the city’s real estate market. The site offers an estimated saleable area of approximately 9 lakh sq. ft., intended primarily for residential development.
Strategically located, the land parcel offers strong connectivity to Vadodara’s commercial hubs, educational institutions, leisure destinations, the airport, and the city center, making it well-suited for a high-potential residential project.
Commenting on the acquisition, Gaurav Pandey, Managing Director & CEO, said: “We are pleased to enter the vibrant city of Vadodara. This acquisition reinforces our commitment to Gujarat and our confidence in its market potential. It is aligned with our strategy of expanding into high-growth cities through plotted and residential developments. Our aim is to build a sustainable, thriving community that delivers long-term value to residents.”
A part of the Godrej Group, Godrej Properties is among India’s leading real estate developers, with a diversified portfolio spanning residential, commercial, and township projects across major cities.
News by Rahul Yelligetti.