Godrej Properties to expand premium real estate footprint
Godrej Properties Ltd plans to launch a series of premium and luxury projects across key markets in India as part of a ₹48,000 crore pipeline for fiscal year 2027. The company is targeting ₹39,000 crore of sales bookings this year, driven by a strong launch pipeline and demand for branded developers.
Godrej Properties Ltd (GPL) is expanding its premium real estate footprint with a series of luxury launches across key markets in India. The company has a ₹48,000 crore pipeline for fiscal year 2027 and is targeting ₹39,000 crore of sales bookings this year. GPL will develop projects in prime micro-markets, including Golf Course Extension Road in Gurugram, Ashok Vihar in Delhi, and Bandra Bay in Mumbai. In Gurugram, GPL will develop a project on an 11.36-acre land parcel with a revenue potential of ₹4,500 crore. The company will also launch a project in Ashok Vihar, Delhi, with apartments priced at ₹5 crore and above, and in Bandra Bay, Mumbai, with apartments priced at over ₹15 crore each. GPL's strategy mirrors a broader shift across the sector, with peers such as DLF Ltd and Lodha Developers Ltd expanding their luxury portfolios.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.