Godrej Properties wins bid for 4.95 acres land parcel in sector 151, Noida
Godrej Properties Acquires 23.2-Acre Land Parcel in Greater Noida
On June 1, 2026, Godrej Properties announced a significant land acquisition in the National Capital Region. The company won a competitive e-auction for a prime 23.2-acre residential land parcel in Greater Noida, with the auction conducted by DMIC Integrated Industrial Township Greater Noida Limited.
Godrej Properties plans to develop a premium residential group housing project on the site, which is projected to generate an estimated revenue potential of over Rs 7,000 crore based on current business assumptions. 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.
Strategic Location and Connectivity
The DMIC integrated township in Greater Noida spans 750 acres of planned smart infrastructure, making it one of the most strategically designed urban zones in the NCR. The location provides excellent connectivity to the Eastern Peripheral Expressway and the Noida–Greater Noida Expressway, two of the region's most critical arterial roads. The upcoming Noida International Airport at Jewar, expected to be among the largest airports in Asia when completed, is positioned to dramatically enhance property values in the area.
Execution Track Record in the Region
The acquisition deepens the company's already successful NCR presence and is expected to yield premium residential apartments across varied configurations. Two of the company's recent launches in Greater Noida during FY26 delivered sales of approximately Rs 1,500 crore each, reflecting strong consumer absorption at premium price points.
Gaurav Pandey, MD & CEO, Godrej Properties, stated that the company has witnessed consistent demand for its existing projects in Noida, and remains bullish on the market. The new project will further strengthen the development portfolio in NCR while fitting the company's broader strategy of deepening its presence in key micro-markets across India's leading cities.
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. In 2025-26, Godrej Properties acquired 18 land parcels, which have a combined revenue potential of Rs 42,100 crore.
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.