Leading realty developer Godrej Properties Ltd (GPL) has acquired an 11.36-acre land parcel in Gurugram, Haryana, for residential development through an outright purchase.
The proposed project is expected to generate an estimated revenue potential of over ₹4,500 crore. It will comprise a mix of premium low-rise and high-rise residences, along with lifestyle amenities.
The land parcel is located in Sector 63A, part of the prime Golf Course Extension Road micro-market in Gurugram. The area enjoys strong connectivity to Golf Course Road, Sohna Road, and NH-48, and has evolved into a high-demand destination for residential, commercial, and retail developments.
With this acquisition, GPL has added over ₹40,000 crore in future sales potential through portfolio additions in FY26.
Managing Director & CEO Gaurav Pandey said the transaction represents the delivery of twice the company’s business development guidance for the full financial year, making it its best-ever year in terms of future booking value secured.
“Golf Course Extension Road has established itself as one of the most desirable micro-markets in NCR, offering a mix of high-end commercial spaces and premium residential properties. This new acquisition will further enhance our development portfolio in NCR, with diversification across micro-markets, enabling us to cater to the region’s robust demand. Our focus remains on building exceptional residential communities that generate lasting value for residents,” he said.