Pimpri is not a location Godrej Properties stumbled into. The site selected for its flagship project here — the Old Pune-Mumbai Highway corridor in Vallabh Nagar — sits at the operational heart of the Pimpri-Chinchwad Municipal Corporation (PCMC), the fastest-growing twin-city jurisdiction in Maharashtra. Godrej Properties was established in 1990 as the real estate development arm of the Godrej Group, a diversified Indian conglomerate founded in 1897. In more than three decades since, the company has built a presence across twelve major Indian cities, and its Pune strategy has been particularly deep-rooted. Among the early projects that set the tone for the brand was Godrej Infinity in Pune — homes with modern features, open spaces, and careful planning. That Pune relationship has since extended to Hinjewadi (The Gale at Godrej Park World), Kharadi-Manjari (Godrej River Crest, Godrej Park Springs), Mahalunge-Baner (Godrej River Royale), Mamurdi (Godrej Forest Grove, Godrej Park Greens), and now, meaningfully, to Pimpri.
Over 100,000 families have found a home with Godrej Properties, making it India's largest residential developer by both value and volume of homes sold — as part of the Godrej Industries Group, combining a 129-year legacy of trust with a forward-looking vision to shape urban India. That scale matters to a Pimpri buyer: it is the assurance that the developer behind a project of this size carries both institutional accountability and a demonstrated record of delivery across Pune's most active corridors.
Located near the Old Pune-Mumbai Highway in Pimpri, Godrej Emerald Waters is designed around an aqua-themed lifestyle concept. Spread across approximately 7.16 acres, the development features well-planned residences with spacious layouts and lifestyle-focused amenities, offering elegantly designed 2, 3, and 4 BHK homes with modern architecture, large balconies, ample natural light, and carefully planned living spaces.
The address is specific and consequential: Godrej Emerald Waters is located next to Sant Tukaram Metro Station, Vallabh Nagar, Pimpri, Pune. Metro adjacency at this scale is not incidental — it is a central part of the product proposition. The PCMC Metro Station and Sant Tukaram Nagar Metro Station are accessible within 3 to 5 minutes, and Chinchwad Junction and Pimpri Railway Station are located nearby for long-distance travel.
The amenity stack at Godrej Emerald Waters is structured around two themes. The development includes 1.5 acres of lush podium greens and 0.5 acres of ground-level greens, complemented by two distinct clubhouses — one dedicated to aqua experiences and the other focused on well-being — totalling 1,950 sq.m (approximately 21,000 sq.ft) of shared lifestyle space. The project offers 1, 2, and 3 BHK apartments with carpet areas from 525 to 1,110 sq.ft, and includes over 40 lifestyle amenities such as a half-Olympic-sized infinity pool, a 40-seater theatre, and alfresco dining spaces. A 174-metre retail frontage with 116 premium shops is also part of the scheme.
The project carries MahaRERA registration number P52100051200, registered with MahaRERA and available at maharera.mahaonline.gov.in. RERA possession is targeted for February 2029, with a developer target of March 2028.
| Configuration | Carpet Area | Starting Price (All-inclusive) |
|---|---|---|
| 1 BHK | 525 sq.ft | ₹89 Lakh |
| 2 BHK | 914–921 sq.ft | ₹1.20 Cr |
| 3 BHK | 1,110–1,115 sq.ft | On request |
| (1+2) BHK Jodi | 1,320 sq.ft | ₹2.11 Cr |
| (2+3) BHK Jodi | 2,024 sq.ft | ₹3.13 Cr |
Prices include base cost, stamp duty, registration, GST, and possession charges as published. Configuration and floor-level variations apply.
Godrej Properties targets locations where infrastructure maturity and residential demand converge before peak pricing. The Pimpri corridor on the Old Pune-Mumbai Highway checks both conditions. As of 2024, average price appreciation in the PCMC area stands at 8–10% annually, driven by end-user demand and investor confidence, with the strong industrial base — home to Tata Motors, Bajaj Auto, Mahindra, and several MIDC parks — and Metro Line 1 (the Purple Line) improving connectivity between PCMC and Pune as key drivers.
The Purple Line of Pune Metro, connecting PCMC to Swargate, is one of the most influential infrastructure projects in recent years, with properties within 1 km of metro stations having seen a price jump of 15–20% post-2022. Godrej Emerald Waters sits immediately next to Sant Tukaram Metro Station, placing it squarely within that appreciation corridor.
The highway address also solves a connectivity problem that weighs on buyers working outside Pimpri. The project provides direct access to the Mumbai-Pandharpur Road and the Old Pune-Mumbai Highway. The development is located just 0.5 km from the ICC Devi Gaurav Tech Park, and Hinjewadi IT Park is 30 minutes away. For dual-income households where one partner works in PCMC's manufacturing belt and the other in Hinjewadi's IT campus, the location resolves the commute in a way that few Pune addresses can.
The social fabric within reach of Godrej Emerald Waters is established rather than aspirational. The community is located near reputed educational institutions such as Elpro International School and Global Indian International School; healthcare facilities include Aditya Birla Memorial Hospital, Lokmanya Hospital, and Citi Care Hospital nearby; D-Mart and Spine City Mall serve daily shopping needs; and premium recreational destinations like Elpro City Square Mall and Premier Plaza Mall are within a short drive.
Pimpri Chowk is 3.9 km away and Pimpri Railway Station is 4.6 km away, both within easy cab or auto distance. The combination of a functioning metro, established retail, healthcare anchors, and named schools removes the typical early-adopter risk associated with projects in less-developed parts of PCMC.
PCMC's transition from an industrial municipality to a full-service residential market has been underway for roughly a decade, but the pace has accelerated since metro construction began. This industrial and IT hub in northwest Pune has transformed into a thriving residential market, attracting both investors and homebuyers seeking value-driven opportunities. Micro-markets such as Hinjewadi, Kharadi, and Pimpri-Chinchwad have seen a 300% jump in premium sales and a 30% spike in rentals as the metro corridor has taken shape.
Pimpri-Chinchwad Municipal Corporation specifically benefited from micro-market activity in 2025, with prices in the area rising over 10% in Q1 2025 compared to Q1 2024 — slightly faster than Pune Municipal Corporation's 8.7% growth. For a brand like Godrej Properties, which recorded sales bookings of ₹34,171 crore in 2025, deploying a project in Pimpri at this market moment is a calculated allocation of its land bank to a market with measurable and documented momentum.
Pimpri real estate has grown 10–12% in the last year, with steady rental returns averaging 3–4% annually, and the metro completion timeline means that the current pricing window — before full metro operations normalise price discovery — is the entry point that Godrej Properties has structured this product around.
As of 2025, there are approximately seven to eight major upcoming or under-construction Godrej projects in Pune, spanning high-growth corridors such as Hinjewadi, Kharadi-Manjari, Mahalunge, and Baner. The Pimpri project is not an isolated experiment — it extends a deliberate Pune strategy. Earlier projects in the Pimpri-Chinchwad vicinity include Godrej Forest Grove, a tall apartment building at Sai Nagar near Mamurdi, covering 7.52 acres and comprising 1,139 units, which established Godrej Properties' willingness to build at scale in PCMC's northern and western precincts.
Godrej Emerald Waters is the sharper, metro-facing expression of that commitment — a project that trades the larger acreages of Mamurdi for a location that puts Sant Tukaram Metro Station immediately at the resident's doorstep, with the Old Pune-Mumbai Highway as the secondary artery. The company has earned global recognition, including being ranked the No. 1 real estate company worldwide on both the Dow Jones Sustainability Index and the Global Real Estate Sustainability Benchmark as of December 2025 — credentials that translate, at the project level, into green building standards, construction accountability, and financial transparency that RERA alone does not guarantee.
