Overview

• Godrej Properties on June 17 acquired a 16-acre parcel in Upper Kharadi, Pune, slated for premium group housing and high-street retail with 2.5 million sq ft of space and an estimated ₹3,100 crore in revenue potential.
• The firm’s June 2 purchase of a 14-acre site in Pune’s Kharadi-Wagholi belt offers around 3.7 million sq ft of developable area and aims to generate ₹4,200 crore.
• Combined, the two Pune projects carry a cumulative revenue potential of approximately ₹7,300 crore.
• On June 16, Godrej entered a joint development agreement for a 14-acre land parcel in Hoskote, East Bengaluru, to develop a premium residential project with 1.5 million sq ft of saleable area and an estimated ₹1,500 crore in revenue.
• The acquisitions support Godrej Properties’ strategy to deepen its presence in high-growth micro-markets following record FY25 bookings and a sharp rise in consolidated net profit.