Godrej Properties Acquires Prime Land in Hyderabad for Rs 547.75 Crore
Godrej Properties, a leading real estate developer, has secured a 7.825-acre land parcel in Kukatpally, Hyderabad, for Rs 547.75 crore. The strategic acquisition is expected to generate a revenue potential of Rs 3,800 crore from premium residential apartments.
Godrej PropertiesReal EstateLand AcquisitionHyderabadResidential ApartmentsReal Estate MumbaiAug 21, 2025
Gaurav Pandey, the managing director and CEO of Godrej Properties, stated that the acquisition aligns with the growth trajectory of Hyderabad and strengthens the company's presence in a dynamic real estate market. The company's recent successful launches in Hyderabad, such as Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar, have further solidified its position.
Godrej Properties, the real estate arm of the Godrej Group, established in 1990, operates on an asset-light model with around 215 million square feet of developable area across India. The company has delivered nearly 41 million square feet of real estate since FY18 and maintains a strong presence in Mumbai, Pune, and Bengaluru. In FY23, it led the Indian market in residential sales by volume and value. The company has also undertaken recent land acquisitions in Hyderabad and Noida to fuel further growth.
With one of the lowest bank borrowing costs in the sector at 5.95 per cent per annum, the company is well-positioned for continued expansion. Declining inventory levels due to a demand-supply gap in Tier-1 cities and rising market share in NCR and Bengaluru further support its growth prospects.
The company has a market cap of over Rs 61,500 crore. The company is expected to give a good quarter, and it has delivered good profit growth of 40.9% CAGR over the last 5 years. The stock is up by 7 per cent from its 52-week low of Rs 1,900 per share.
Frequently Asked Questions
What is the size of the land parcel acquired by Godrej Properties in Hyderabad?
The land parcel acquired by Godrej Properties in Kukatpally, Hyderabad, is approximately 7.825 acres.
How much did Godrej Properties bid for the land in Kukatpally, Hyderabad?
Godrej Properties bid Rs 547.75 crore for the land in Kukatpally, Hyderabad.
What is the expected revenue potential from the project in Kukatpally, Hyderabad?
The expected revenue potential from the project in Kukatpally, Hyderabad, is around Rs 3,800 crore.
What is the location of the land parcel in Kukatpally, Hyderabad?
The land parcel is located near HITEC City, a major employment center, and is situated in a well-established residential area with a robust social ecosystem.
What is the bank borrowing cost of Godrej Properties?
Godrej Properties has one of the lowest bank borrowing costs in the sector at 5.95 per cent per annum.
Related News Articles
Mumbai's Sky-High Ambitions: Exploring the City's Love for Skyscrapers
As Mumbai continues to grow
Mumbai Records Third-Highest Surge in Luxury Housing Prices Globally
Mumbai's prime residential prices surge 11.5% year-on-year, ranking third globally, as India's economic growth drives demand in luxury housing market.
Affordable Housing Supply Dries Up as Builders Focus on Premium Projects
The latest data from JLL India reveals a 21% decline in affordable housing supply below Rs 50 lakh, while premium projects saw a significant surge in demand.
Priyanka Chopra's Real Estate Empire: A Peek into Her Investments
Priyanka Chopra Jonas is a keen investor in the real estate space, owning multiple properties in India and the US. Here's a look at her recent transactions.
Uber and Heads Up for Tails Expand Pet-Friendly Rides in Delhi and Mumbai
Uber has partnered with Heads Up for Tails to offer pet-friendly rides in Delhi and Mumbai, making travel more convenient and comfortable for pet owners.
Blackstone and Sattva-backed REIT Files Draft Papers for ₹7000 Cr IPO
A real estate investment trust (REIT) backed by asset manager Blackstone Group and Bengaluru developer Sattva Group has filed its draft papers with the Securities and Exchange Board of India (SEBI) for a ₹7000 crore initial public offering (IPO).