Godrej Properties acquires 11.36-acre Gurugram land for ₹4,500 crore project
Godrej Properties Acquires 11.36-Acre Parcel in Gurugram's Golf Course Extension Road
Godrej Properties Limited has acquired an 11.36-acre land parcel in Sector 63A on Golf Course Extension Road in Gurugram for residential development. The project is expected to generate an estimated revenue potential of over Rs 4,500 crore. The parcel has been secured through an outright purchase.
Strategic Location in Premium Corridor
The newly acquired land is located in Sector 63A, within the Golf Course Extension Road corridor of Gurugram. This micro-market has witnessed steady interest from homebuyers due to improving infrastructure, connectivity and proximity to commercial hubs. Golf Course Extension Road has rapidly transformed into one of Gurugram's most sought-after residential corridors, now a thriving hub of luxury housing, modern infrastructure, and seamless connectivity.
The road connects major parts of Gurugram, including Golf Course Road, Sohna Road, and NH-48, with connectivity that significantly reduces travel time to key business districts such as Cyber City, Udyog Vihar, and other corporate hubs. The sector also benefits from proximity to quality schools and medical facilities, including IIM Gurugram and established healthcare providers in the area.
Sector 63A: Emerging as Premium Residential Hub
The project is situated at the edge of the Aravalli Hills, offering residents expansive scenic views and a tranquil living environment while maintaining seamless connectivity to major urban hubs. Sector 63A has emerged as one of Gurugram's most promising luxury real estate destinations, with area infrastructure growth, premium residential ecosystem, and strong demand from professionals and HNIs contributing to significant long-term appreciation potential.
Godrej's Expanded Gurugram Footprint
Godrej Properties has 10+ active projects in Gurgaon — its most concentrated market in Delhi NCR, spanning every major investment corridor: Golf Course Road (Godrej Astra, Godrej Sora), Dwarka Expressway (Godrej Meridien), Sohna Road and SPR (Godrej Aria, Godrej Oasis), and New Gurgaon sectors (Godrej Zenith, Godrej Vrikshya, Godrej Summit, Godrej Icon). Founded in 1990, Godrej Properties Limited is the real estate arm of the prestigious Godrej Group, headquartered in Mumbai, and is among India's leading real estate developers, with a presence in 12 major cities and a portfolio of over 200 million sq. ft. of residential, commercial, and township developments.
The Sector 63A acquisition marks a significant addition to the developer's Gurugram presence and aligns with its recent momentum. Gaurav Pandey, Managing Director and CEO of Godrej Properties, indicated that the new addition strengthens the company's development pipeline. According to him, the company has now added more than Rs 40,000 crore of future sales potential through portfolio additions during FY 26, representing roughly double the company's earlier business development guidance for the financial year and marks its strongest year yet for expanding future booking value.
Strong Company Performance Backdrop
Godrej Properties reported a 25 per cent year-on-year increase in sales bookings to ₹24,008 crore during the first nine months of the current financial year, maintaining its full-year sales booking target of ₹32,500 crore for FY26. The company added 18 new projects in FY26, with 33.32 msf of saleable area, and an estimated booking potential of ₹42,100 crore, against a guidance of ₹20,000 crore, making it the company's best ever year for business development.