Godrej Properties Ltd. has announced the acquisition of 11.36 acres of land in Sector 63A, Gurugram, Haryana, through an outright purchase for a new residential development project.
The upcoming project, located along the Golf Course Extension Road micro-market, is expected to generate an estimated revenue potential of over ?4,500 crore. The development will feature a mix of premium low-rise and high-rise residences, along with a range of lifestyle amenities.
The project site enjoys strong connectivity to key routes including Golf Course Road, Sohna Road, and NH-48, making it a strategically located residential destination. Over the years, the Golf Course Extension Road corridor has evolved into a high-demand hub for residential, commercial, and retail developments in the NCR region.
Commenting on the acquisition, Gaurav Pandey, MD & CEO of Godrej Properties, said that with this addition, the company has now added more than ?40,000 crore of future sales potential in FY26, achieving twice its business development guidance for the financial year. He noted that this marks Godrej Properties’ strongest year for business development in terms of future booking value.
Pandey also highlighted that Golf Course Extension Road has emerged as one of NCR’s most attractive real estate micro-markets, offering a blend of premium residential and commercial developments. He added that the new project will strengthen the company’s NCR portfolio while helping it meet the region’s strong housing demand and continue building high-quality residential communities.