Godrej Properties acquires 23.2-acre Greater Noida land with ₹7,000 crore revenue potential
Godrej Properties Secures 23.2-Acre Land in Greater Noida via Competitive E-Auction
On June 1, 2026, Godrej Properties won a competitive e-auction for a prime 23.2-acre residential land parcel in Greater Noida. The auction was conducted by DMIC Integrated Industrial Township Greater Noida Limited. The company plans to develop a premium residential group housing project on the site, projected to generate an estimated revenue potential of over ₹7,000 crore based on current business assumptions.
Strategic Location in Delhi-Mumbai Industrial Corridor
The newly acquired plot spans 93,905 square meters and is strategically located within the Delhi-Mumbai Industrial Corridor integrated township, an area that features 750 acres of smart plug-and-play infrastructure. The land parcel benefits from robust connectivity to the Eastern Peripheral Expressway, the Noida-Greater Noida Expressway, and the upcoming Noida International Airport at Jewar.
The upcoming Noida International Airport at Jewar, expected to be among the largest airports in Asia when completed, is positioned to dramatically enhance the long-term value of the surrounding residential micro-market. Greater Noida, with an 18% share of NCR's property market, is a preferred destination for homebuyers, and recorded an impressive 25% growth in residential sales during Q1 2025, the highest quarter-on-quarter increase across NCR.
Godrej's Proven Track Record in the Region
The acquisition follows a string of highly successful ventures for the developer in the region, including two recent launches that recorded sales of approximately ₹1,500 crore each. By securing this expansive land parcel, Godrej Properties aims to further anchor its position as a dominant player in the highly competitive National Capital Region real estate market.
Gaurav Pandey, MD and CEO of Godrej Properties, stated: "We are happy to add this new project in Greater Noida to our portfolio. We have witnessed consistent demand for our existing projects in Noida, and we remain bullish on this market. This will further strengthen our development portfolio in NCR and fits well with our strategy of deepening our presence in key micro markets across India's leading cities."
Premium Residential Product Mix
The upcoming development will feature premium residential apartments across varied configurations to capture ongoing demand in the region. The project targets the premium housing segment, reflecting Godrej Properties' positioning in the NCR market where Noida and Greater Noida contributed 30% of sales in Delhi NCR during H1 2025 and accounted for 29% of NCR's total launches.
About Godrej Properties
Godrej Properties Limited is India's largest residential developer by both value and volume of homes sold, having enabled over 100,000 families to own homes. Part of the 129-year-old Godrej Industries Group, the company combines a trusted legacy with modern urban design and sustainability commitments. As of December 2025, GPL was 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.
Godrej Properties has 10+ active projects in Gurgaon, its most concentrated market in Delhi NCR, and has established a strong footprint in premium South Delhi and Central Delhi with ongoing projects. Since 2017-18, the developer has delivered nearly 80 million square feet of real estate across residential and mixed-use projects.