Godrej Properties Ltd, a leading real estate developer, has entered Raipur, Chhattisgarh, with the acquisition of a 50-acre land parcel for a premium plotted development. This strategic move marks the company's expansion into a high-potential Tier II market.
Real EstateGodrej PropertiesRaipurPlotted DevelopmentTier Ii CitiesReal Estate NewsJul 18, 2025
Godrej Properties has acquired approximately 50 acres of land in Raipur, Chhattisgarh.
The land parcel is located near Old Dhamtari Road in Raipur, which is known for its improving connectivity and infrastructure.
The project is expected to offer an estimated saleable area of around 9.5 lakh square feet.
Godrej Properties is focusing on plotted developments in Tier II cities, which offer flexibility in design and lower construction overheads.
The area surrounding the project has seen improvements in social infrastructure, including access to schools, colleges, hospitals, and retail outlets.
The company plans to leverage favorable financing conditions for stabilized properties to drive occupancy gains and realize value in the growing healthcare real estate market.
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