Godrej Properties Secures Prime Land in Hyderabad for Rs 547.75 Crore
Godrej Properties Ltd (GPL) has acquired a 7.825-acre land parcel in Kukatpally, Hyderabad, for Rs 547.75 crore. The company plans to develop premium residential apartments, targeting a revenue potential of Rs 3,800 crore. This strategic move aligns with the company's growth trajectory in the dynamic Hyderabad real estate market.
Real EstateGodrej PropertiesHyderabadLand AcquisitionResidential DevelopmentReal Estate NewsAug 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 Kukatpally, Hyderabad?
The land parcel acquired by Godrej Properties in Kukatpally, Hyderabad, is approximately 7.825 acres.
What is the expected revenue potential from this project?
The expected revenue potential from the project is around Rs 3,800 crore.
Who is the managing director and CEO of Godrej Properties?
Gaurav Pandey is the managing director and CEO of Godrej Properties.
What are some recent successful launches by Godrej Properties in Hyderabad?
Recent successful launches by Godrej Properties in Hyderabad include Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar.
What is the current market cap of Godrej Properties?
The current market cap of Godrej Properties is over Rs 61,500 crore.
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