Godrej Properties Enters Raipur with 50-Acre Land Acquisition for Residential Project

Godrej Properties Ltd. (GPL)

Godrej Properties Ltd. (GPL), one of India’s leading real estate developers, has entered the Raipur market with the acquisition of approximately 50 acres of land. The project will feature premium plotted residential units with an estimated saleable area of 9.5 lakh square feet.

Strategically located near Old Dhamtari Road, a fast-emerging real estate destination, the site offers seamless connectivity to Central Raipur, the railway station, and Swami Vivekananda Airport. The area is supported by robust social infrastructure including reputed schools, hospitals, and retail centers. Proximity to key infrastructure projects like the Atal Path (Raipur–Naya Raipur Expressway) and the upcoming Raipur–Hyderabad and Raipur–Visakhapatnam expressways further enhances the site’s appeal for residential development.

Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are delighted to announce our entry into the dynamic city of Raipur. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. Raipur, with its growing demand for residential plotted developments and strong infrastructure growth, presents an exciting opportunity. This acquisition also aligns strategically with our focus on entering high-growth cities through plotted developments. We look forward to developing a quality plotted township that creates long-term value for its residents, aligned with the region’s evolving aspirations.”

NBM Media

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