Godrej Properties Adds About 31 Acres in Indore for Plotted Homes
The new plotted project on Indore-Ujjain Road is Godrej Properties' third in the city, with about 0.7 million sq ft of saleable area.
Key Takeaways
- Godrej Properties added about 31 acres on Indore-Ujjain Road in Indore.
- The plotted project has an estimated saleable area of about 0.7 million sq ft.
- It is the company's third project in Indore.
- Its two earlier Indore projects are at an advanced stage of completion, the company said.
- Its three announced Indore deals add up to about 101 acres.
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Godrej Properties has added a land parcel of about 31 acres on Indore-Ujjain Road in Indore for a new plotted residential project. The company shared the news in a stock exchange filing on November 13, 2026.
The project will have an estimated saleable area of about 0.7 million square feet. Godrej Properties said it will offer residential plots of different sizes, along with planned infrastructure, recreational spaces and premium amenities. This is the company's third project in Indore.
Godrej Properties' new Indore land at a glance
| Detail | Value |
|---|---|
| Company | Godrej Properties |
| Land size | About 31 acres |
| Location | Indore-Ujjain Road, Indore, Madhya Pradesh |
| Project type | Plotted residential development |
| Estimated saleable area | About 0.7 million sq ft |
| Project number in Indore | Third |
| Announced | November 13, 2026 |
How Godrej Properties built up its Indore land bank
Godrej Properties is part of the Godrej Industries Group. It already has two plotted projects in Indore, Godrej Greenview Estate and Verdania Estate. The company said both have seen strong customer demand and are at an advanced stage of completion.
The new parcel is the company's third land deal in the city. Adding up the three announced deals, Godrej Properties has taken on about 101 acres in Indore.
| When | What happened |
|---|---|
| July 2024 | Entered Indore with about 46 acres off Indore-Ujjain Road, with an estimated saleable area of about 1.16 million sq ft |
| January 2025 | Added about 24 acres near the Indore bypass road, with an estimated saleable area of about 6.2 lakh sq ft and revenue potential of about Rs 500 crore |
| November 2026 | Added about 31 acres on Indore-Ujjain Road, with an estimated saleable area of about 0.7 million sq ft |
Why Godrej Properties picked Indore-Ujjain Road
The company described Indore-Ujjain Road as a fast-growing residential corridor. It said the location connects to Indore International Airport, Ujjain city and key commercial centres, and has access to established schools and hospitals.
Godrej Properties said the planned expansion of the metro network, growth in the corporate and IT sectors and ongoing infrastructure work have supported the residential market. The company also said demand for plotted homes has been rising as buyers look for larger spaces and the freedom to design their own homes.
Gaurav Pandey on Indore's long-term potential
"Indore is one of India's most promising real estate markets, and we see significant long-term potential here. Located on Indore-Ujjain Road, the land gives us the opportunity to create a thoughtfully planned community and build on the momentum of our existing projects."
"This is our third project in the city and reflects our commitment to creating value for customers in high-growth markets, where demand for well-planned, branded plotted communities continues to rise."
Godrej Properties' Indore footprint after the new deal
With this parcel, Godrej Properties now has three announced projects in Indore, on about 101 acres in all. Its two earlier plotted projects in the city are at an advanced stage of completion, the company said. The new site adds about 0.7 million square feet of saleable area to its Indore plans.
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Frequently Asked Questions
What is Godrej Properties' new Indore deal?
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What kind of project will Godrej Properties build on the land?
How many projects does Godrej Properties have in Indore?
What are Godrej Properties' existing projects in Indore?
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