NSEPress Release1 Jul 2026 · 1 Jul 2026, 06:11 am
Press Release
Godrej Properties Limited · GODREJPROP
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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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Godrej Properties Limited has informed the Exchange regarding a press release dated July 01, 2026, titled "Press Release".
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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