Godrej Properties Enters Raipur with 50-Acre Plotted Development

Godrej Properties Ltd. has announced its entry into Raipur, Chhattisgarh, with the acquisition of a 50-acre land parcel located near Old Dhamtari Road, one of the city’s emerging residential corridors.

The proposed development will be a premium plotted housing project with an estimated saleable area of approximately 9.5 lakh sq. ft. Strategically located, the site offers excellent connectivity to central Raipur, the railway station, and Swami Vivekananda Airport. It is also in close proximity to upcoming infrastructure projects such as the Raipur–Hyderabad and Raipur–Visakhapatnam expressways, enhancing both accessibility and long-term investment potential.

The area is well-supported by established social infrastructure and major highway networks, positioning it as an ideal location for residential expansion.

“This acquisition marks another significant step in our expansion journey as we continue to strengthen our presence in key micro-markets across India,” said Gaurav Pandey, Managing Director & CEO of Godrej Properties.

This move aligns with the company’s strategy to expand into high-growth markets through plotted developments, catering to the increasing demand for self-owned land and gated community living.

Following the announcement, shares of Godrej Properties saw positive investor sentiment at market close on Wednesday.

News by Rahul Yelligetti.