Godrej Properties acquires 50 acres in Raipur, Chhattisgarh
Godrej Properties Marks Entry Into Raipur with 50-Acre Acquisition
On 16 July 2025, Godrej Properties announced its entry into Raipur, Chhattisgarh, with the strategic acquisition of a 50-acre land parcel. The development will comprise premium plotted residential units with an estimated saleable area of 9.5 lakh square feet. The project is expected to launch in 2026.
Location and Connectivity
The land is strategically located near Old Dhamtari Road, one of Raipur's fastest-growing real estate corridors. The parcel offers seamless connectivity to Central Raipur, Raipur Railway Station, and Swami Vivekananda Airport.
Major infrastructure upgrades include integration with the Atal Path (Raipur–Naya Raipur Expressway) and proximity to the upcoming Raipur–Hyderabad and Raipur–Visakhapatnam expressways. The area is also witnessing accelerated development backed by strong social infrastructure, including reputed educational institutions, healthcare and retail facilities.
Strategic Expansion Into Tier-II Markets
Godrej Properties was established in 1990 as the real estate development arm of the Godrej Group, a diversified Indian conglomerate founded in 1897. Managing Director and CEO Gaurav Pandey stated: "We are delighted to announce our entry into the dynamic city of Raipur. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India."
The company is actively exploring opportunities in tier-II and tier-III cities for housing plot developments. Godrej Properties has strategically invested in several Tier 2 cities across India, including Pune, Chandigarh, Kochi, and Nagpur, with these regions witnessing remarkable growth through the infusion of residential and commercial projects.
Raipur's Residential Market Evolution
Over the past decade, Raipur has steadily evolved from a Tier-2 city into a developing real estate market supported by infrastructure and civic expansion. The Raipur market, while still evolving, has seen increasing interest from organized developers due to ongoing infrastructure upgrades, a supportive policy environment, and improved buyer sentiment. With the presence of an established brand like Godrej Properties, confidence in the region's plotted development segment is expected to grow.
Raipur, with its growing demand for residential plotted developments and strong infrastructure growth, presents an exciting opportunity. Old Dhamtari Road itself has emerged as a focal point for residential investment, with multiple developments underway and transit connectivity improving through proximity to Telibandha and Mana railway stations.
Project Details
The project's 9.5 lakh square feet of saleable area will be developed as premium plotted units, aligning with Godrej Properties' focus on plotted township models. The acquisition aligns with the company's strategic focus on entering high-growth cities through plotted developments, with the aim of developing a quality plotted township that creates long-term value for residents aligned with the region's evolving aspirations.
Developer Footprint
Godrej Properties is headquartered in Mumbai and present in 12 cities in the country with a workforce of 2,391 employees. By FY25, the company achieved ₹29,444 crore in pre-sales, making it India's leading listed real estate developer by sales. The company has received over 400 awards including recognition for environmental and social initiatives, gender equality, and being named India's most trusted real estate brand in 2019.