Godrej Properties Secures Prime 7.82-Acre Plot in Hyderabad for Rs 547.75 Crore
Godrej Properties has won the bid for a 7.82-acre plot in Kukatpally, Hyderabad, for Rs 547.75 crore. The company plans to develop a premium residential project with an estimated revenue potential of Rs 3,800 crore.
Godrej PropertiesHyderabadReal EstateKukatpallyLand AcquisitionReal Estate NewsAug 21, 2025
Shares of Godrej Properties were trading 1.22% higher at Rs 2,066 apiece on the NSE as of 10:15 am, down from Rs 2,092 recorded in the morning.
According to the regulatory filing, Godrej Properties won the bid for the 7.825-acre plot in Kukatpally (KPHB), Hyderabad, with a combined bid value of Rs 547.75 crore. The housing board will issue the allotment letter after completing the due process.
The company plans to develop a housing project on the land, with an estimated revenue potential of Rs 3,800 crore. Gaurav Pandey, MD & CEO of Godrej Properties, said, “As Hyderabad continues to strengthen its position as a dynamic real estate market, Kukatpally represents a strategic location that aligns with the city’s growth trajectory.”
The land parcel is strategically located in a prime location in Kukatpally, in close proximity to HITEC City. The project will offer an estimated revenue potential of Rs 3,800 crore, comprising premium residential apartments of varied configurations, according to Godrej Properties.
This acquisition builds on the success of Godrej Properties’ recent launches in Hyderabad, including Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar. With this new project, Godrej Properties has further strengthened its presence in one of India’s most dynamic real estate markets.
Separately, the developer announced on Wednesday that it has acquired a 7% stake in Godrej Skyline Developers (GSDL) for Rs 9.25 lakh from existing shareholders. Under the agreement, it will purchase 92,500 equity shares of Rs 10 each, representing 7% of the company’s paid-up equity capital. The transaction is scheduled to close on August 21.
Financially, Godrej Properties reported a 15.4% year-on-year rise in net profit at ₹600 crore for the June quarter, even as revenue fell 41% to Rs 435 crore. The company also posted an EBITDA loss of Rs 243 crore for the quarter.
Earlier this month, Godrej Properties outlined a bullish outlook for FY26, targeting sales of Rs 32,500 crore with expected collections of around Rs 21,000 crore.
On Wednesday, shares of Godrej Properties closed 1.45% higher at Rs 2,039.20 apiece. However, the stock has fallen 15.2% over the past month and is down 26.56% so far in 2025.
Frequently Asked Questions
What is the size of the land parcel Godrej Properties acquired in Hyderabad?
The land parcel is 7.825 acres in size.
How much did Godrej Properties bid for the land in Kukatpally?
Godrej Properties bid Rs 547.75 crore for the land.
What is the estimated revenue potential of the project on the acquired land?
The estimated revenue potential of the project is Rs 3,800 crore.
What other projects has Godrej Properties launched in Hyderabad recently?
Godrej Properties has recently launched projects such as Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar.
What is Godrej Properties' financial outlook for FY26?
Godrej Properties targets sales of Rs 32,500 crore and expected collections of around Rs 21,000 crore for FY26.
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