NSEPress Release30 Jun 2026 · 30 Jun 2026, 05:56 am
Press Release
Godrej Properties Limited · GODREJPROP
✦ AI Summary▲ PositiveExpansion
Godrej Properties Limited has acquired a ~47 acre land parcel in Chennai, with an estimated developable potential of ~1.2 million square feet and an estimated revenue potential of ~INR 500 crore.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Godrej Properties Limited has informed the Exchange regarding a press release dated Jun 30, 2026, titled "Press Release".
Attachments (1)
📄pdf
Download →
GODREJPROP_30062026055618_PR_Final.pdf
View document text
Godrej Properties Ltd.
Godrej One, 5th Floor,
Pirojshanagar,
Eastern Express Highway,
Vikhroli (E), Mumbai- 400 079. India
Tel.: +91-22-6169-8500
Fax: +91-22-6169-8888
Website: www.godrejproperties.com
CIN: L74120MH1985PLC035308
June 30, 2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400 001
The National Stock Exchange of India Limited
Exchange Plaza,
Plot No. C/1, G Block,
Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051
Ref: Godrej Properties Limited
BSE - Script Code: 533150, Scrip ID - GODREJPROP
BSE - Security Code – 974950, 974951, 975090, 975091, 975856, 975857, 976000 - Debt Segment
NSE - Symbol - GODREJPROP
Sub: - Press Release
Dear Sir/ Madam,
Please find enclosed a copy of the press release the contents of which are self-explanatory.
Request you to take the same on record.
Thank you.
Yours truly,
For Godrej Properties Limited
Ashish Karyekar
Company Secretary
Encl: a/a
PRESS RELEASE
Mumbai, June 30, 2026
Godrej Properties acquires ~ 47 acre land parcel in Chennai
The project will offer an estimated developable potential of ~ 1.2 million square feet.*
Godrej Properties Limited (GPL) (BSE: GODREJPROP), one of India’s leading real estate
developers, today announced the acquisition of a ~ 47 acre land parcel through an outright
purchase which is located off Old Mahabalipuram road (OMR), one of the fast-growing micro
markets in South Chennai.
The proposed development on this land will comprise primarily plotted residential units and
is expected to offer a developable potential of ~ 1.2 million square feet, with an estimated
revenue potential of ~ INR 500 crore. *
The site is well connected via OMR, providing access to key employment hubs across the
Siruseri–Kelambakkam corridor, including SIPCOT as well as emerging nodes such as
Vandalur, Guduvanchery, and the wider Mahabalipuram region.
The location is supported by a steadily evolving social infrastructure, with access to
healthcare facilities, educational institutions, retail, and entertainment options, contributing
to its growing appeal as a residential destination.
Gaurav Pandey, MD & CEO, Godrej Properties, said, “South Chennai is seeing a clear
evolution in residential demand, with homebuyers increasingly gravitating towards well-
planned, future-ready communities that offer quality of living and long-term value. This belt
has emerged as one of the most promising residential micro markets in the region, supported
by improving infrastructure and growing end user interest. Our focus is on creating
thoughtfully designed developments that align with these changing expectations and deliver
enduring value over time, as we continue to strengthen our presence in Chennai.”
*On the basis of current business assumptions.
About Godrej Properties Limited:
At Godrej Properties, we are driven by a singular purpose: crafting joy. Over 100,000 families
have found a home with us, making us India’s largest residential developer by both the value
and volume of homes sold. As part of the Godrej Industries Group, we combine a 129-year
legacy of trust and excellence with a forward-looking vision to shape the future of urban India.
Our approach is anchored in thoughtful design, sustainability, thriving communities, and
uncompromising quality. As of December 2025, we were ranked the number one real estate
company worldwide on both the Dow Jones Best-in-Class Sustainability Indices and the
Global Real Estate Sustainability Benchmark.
For further information, please contact:
Anurag David
Corporate Communications
Godrej Industries Limited
Email: anurag.david@godrejinds.com
Mobile: +91 93225 01136