BENGALURU: India’s top-selling developer, Godrej Properties Ltd (GPL), on Wednesday introduced the acquisition of two land parcels in Kolkata and Gurugram for residential improvement, with a mixed estimated income potential of ₹6,150 crore.
The 5-acre Kolkata website, situated off EM Bypass, was acquired via an e-auction performed by the West Bengal Housing Infrastructure Improvement Corp. Ltd. The premium residential challenge deliberate on the location is predicted to generate ₹1,650 crore in income.
The second acquisition is an 11.36-acre plot in Gurugram’s Sector 63A, bought outright for a premium residential improvement with an estimated income potential exceeding ₹4,500 crore. The challenge will function a mixture of low-rise and high-rise premium residences.
“…We have now now added over ₹40,000 crore of future gross sales potential via portfolio additions in 2025-26. This represents supply of 2x our enterprise improvement steering for the complete monetary 12 months and makes it our greatest ever 12 months for enterprise improvement when it comes to future reserving worth locked in,” mentioned Gaurav Pandey, managing director and chief govt, Godrej Properties.
GPL has been aggressively increasing its challenge pipeline. Within the October-December quarter, it launched three new tasks with a mixed saleable space of seven.30 million sq. ft and an anticipated reserving worth of ₹8,400 crore.
Mumbai-based Godrej Properties has already recorded gross sales bookings of ₹24,008 crore within the first 9 months of 2025-26, about 74% of its full-year goal of ₹32,500 crore. If achieved, this could be the very best annual gross sales by any Indian actual property developer.
The corporate’s efficiency highlights the rising dominance of branded builders within the residential market, pushed by a sturdy pipeline and a concentrate on premium tasks that ship increased margins.
Within the October-December quarter, GPL’s revenue rose 22.7% year-on-year to ₹194 crore. Nonetheless, income from operations fell 48.5% to ₹498.36 crore through the interval on account of decrease challenge completions and deliveries.
In a current interview with MintGPL govt chairperson Pirojsha Godrej had mentioned the corporate stays on monitor to satisfy its full-year gross sales steering. “GPL has doubled its market share in 2025 to 4.8% from 2.4%, however there’s nonetheless big headroom for us to develop.”
Shares of Gpdrej Properties have been down 3.6% at ₹1,670.40 apiece on the BSE on Wednesday, amid a 1.8% fall within the Sensex.