NSEPress Release1 Jul 2026 · 1 Jul 2026, 06:11 am

Press Release

Godrej Properties Limited · GODREJPROP

✦ AI Summary▲ PositiveOrder Win

Godrej Properties Limited has emerged as the highest bidder for a 4.95-acre residential land parcel in Noida, with an estimated revenue potential of over INR 2,000 crore.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10

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Full Announcement

Godrej Properties Limited has informed the Exchange regarding a press release dated July 01, 2026, titled "Press Release".

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GODREJPROP_01072026061113_PR_Final_01072026.pdf

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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 July 01, 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 – Scrip 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, July 01, 2026 Godrej Properties emerges as the highest bidder for residential land parcel in Noida The development is expected to offer an estimated revenue potential of over INR 2,000 crore* Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India’s leading real estate developers, today announced its participation in an e-auction conducted by the New Okhla Industrial Development Authority (NOIDA) for residential group housing plots. GPL has emerged as the highest bidder for a 4.95-acre (20,050 sq. m.) residential land parcel in Sector 151, Noida, as reflected on the e-tendering portal of HDFC Bank. GPL acquired the land for INR 331.75 cr. Following the due process, NOIDA will issue the allotment letter. Godrej Properties intends to develop a residential group housing project on the land parcel, projected to generate estimated revenues exceeding INR 2,000 crore. The development will feature premium residential apartments offered in diverse configurations. The plot enjoys a strategic location in Sector 151, Noida, offering connectivity to the Noida–Greater Noida Expressway and convenient access to the Noida International Airport at Jewar. The surrounding neighbourhood benefits from robust infrastructure, including planned educational institutions and healthcare facilities. Earlier this month, GPL successfully acquired a 23.2-acre residential land parcel in Greater Noida, with an estimated revenue potential exceeding INR 7,000 crore. Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are pleased to announce the addition of this new project in Noida to our portfolio. Building on the consistent demand witnessed for our existing developments in the region, we remain confident in the strength of this market. This project will further enhance our development portfolio in the National Capital Region and aligns seamlessly with our strategy of deepening our presence in key micro-markets across India’s leading cities”. * 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