Godrej Properties Secures Strategic Land in Hyderabad for Rs 547.75 Crore
Godrej Properties, a leading real estate developer, has acquired a 7.825-acre land parcel in Kukatpally, Hyderabad, for Rs 547.75 crore. The company expects to generate Rs 3,800 crore in revenue from the project, which includes premium residential apartments in a well-established area near HITEC City.
Real EstateGodrej PropertiesHyderabadLand AcquisitionHitec CityReal EstateAug 21, 2025
The site is strategically located near HITEC City, a major employment center, and is situated in a well-established residential area with a robust social ecosystem. 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, Godrej Properties 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 and 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.
The acquisition in Hyderabad is expected to bolster Godrej Properties' portfolio and contribute significantly to its revenue and market presence. The company's strategic approach to land acquisition and project development underscores its commitment to delivering high-quality residential projects in key locations across India.
Frequently Asked Questions
What is the size of the land parcel acquired by Godrej Properties in Hyderabad?
Godrej Properties acquired a 7.825-acre land parcel in Kukatpally, Hyderabad.
How much did Godrej Properties pay for the land in Hyderabad?
Godrej Properties paid Rs 547.75 crore for the land parcel in Hyderabad.
What is the expected revenue potential from the project in Kukatpally?
The company expects to generate a revenue potential of around Rs 3,800 crore from the project in Kukatpally, Hyderabad.
What is the strategic location of the land parcel in 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 current market cap of Godrej Properties?
Godrej Properties has a market cap of over Rs 61,500 crore.
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).