Godrej Properties acquires an 11-acre land parcel on Golf Course Extension Road in Gurugram

Gurugram, March 4, 2026: Godrej Properties Ltd. (GPL) has acquired an 11.36-acre land parcel in Gurugram, Haryana. The site is slated for a major residential development. Based on current business assumptions, the project is expected to generate a revenue potential exceeding Rs 4,500 crore, the company said in a press statement.

The newly acquired land is strategically situated in Sector 63A, a prime location within the Golf Course Extension Road micro-market. This area has rapidly evolved into a significant growth corridor, boasting seamless connectivity to major routes including Golf Course Road, Sohna Road, and NH-48. Industry analysts note that the micro-market has matured into a highly sought-after destination for high-end residential, commercial, and retail projects.

Gaurav Pandey, MD & CEO of Godrej Properties, highlighted the strategic importance of the deal during the announcement. “With this new project, we have now added over INR 40,000 crore of future sales potential through portfolio additions in FY 26. This represents delivery of 2X our business development guidance for the full financial year and makes it our best ever year for business development in terms of future booking value locked in. We believe this positions Godrej Properties well to deliver sustained strong growth in the years ahead,” Pandey stated.

The project is designed to feature a diverse mix of premium low-rise and high-rise residences, integrated with a variety of high-end lifestyle amenities. This acquisition is part of the company’s broader effort to diversify its portfolio across the National Capital Region (NCR) to meet the persistent demand for luxury living spaces.

Pandey further added, “Golf Course Extension Road has established itself as one of the most desirable micro-markets in NCR, offering a mix of both high-end commercial spaces and premium residential properties. This new acquisition will further enhance our development portfolio in NCR, with good 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.”