Godrej Properties Ltd Share Price – NSE  / BSE

Realty, Small Cap

Godrej Properties it has participated in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a marquee land parcel measuring ~ 5 acres in Neopolis, Kokapet, one of Hyderabad's most prestigious and high-growth real estate destinations where GPL has emerged as the highest bidder, according to the e-tendering portal of MSTC. HMDA shall issue the allotment letters after following the due process. The proposed development on this land is planned as a premium residential project with a saleable area of ~2.5 million sq. ft. and an estimated revenue potential of Rs 4,150 crore.

Neopolis, Kokapet has rapidly evolved into one of Hyderabad's most sought-after residential micro markets, driven by its proximity to the Financial District and HITEC City, robust infrastructure expansion, and a thriving ecosystem of global technology companies, international schools, retail avenues, and healthcare facilities. The region continues to command some of the highest land and product valuations in Hyderabad, fuelled by sustained demand from aspirational and high-income homebuyers.

Following the recent acquisition of a ~ 7.825-acre land parcel in Kukatpally in August 2025, the Neopolis, Kokapet auction reinforces GPL's growing presence in Hyderabad, building on the successful launches of Godrej Madison Avenue in Kokapet and Godrej Regal Pavilion in Rajendra Nagar. Hyderabad has emerged as one of Godrej Properties' fastest-growing markets, with sales upwards of ~ Rs 2,600 crore in calendar year 2025, underscoring the city's strong demand dynamics and GPL's strategic focus on this region.

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The company stated that it had participated in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a marquee land parcel measuring nearly 5 acres in Neopolis, Kokapet, one of Hyderabad?s most prestigious and high-growth real estate destinations.

It further said that GPL has emerged as the highest bidder, according to the e-tendering portal of MSTC Limited. HMDA shall issue the allotment letters after following the due process.

The proposed development on this land is planned as a premium residential project with a saleable area of nearly 2.5 million square feet and an estimated revenue potential of approximately Rs 4,150 crore.

Neopolis, Kokapet has rapidly evolved into one of Hyderabad?s most sought-after residential micro markets, driven by its proximity to the Financial District and HITEC City, robust infrastructure expansion, and a thriving ecosystem of global technology companies, international schools, retail avenues, and healthcare facilities.

The region continues to command some of the highest land and product valuations in Hyderabad, fuelled by sustained demand from aspirational and high-income homebuyers.

Hyderabad has emerged as one of Godrej Properties? fastest-growing markets, with sales upwards of Rs 2,600 crore in calendar year 2025.

Gaurav Pandey, MD & CEO, Godrej Properties, said: Hyderabad continues to demonstrate strong fundamentals with robust infrastructure growth and sustained demand for quality housing.

We remain committed to strengthening our presence in this high-potential market through strategic acquisitions and differentiated developments.

Godrej Properties is a leading national real estate developer. It is a real estate arm of the Godrej Group. The company currently operates in various cities and focuses on residential, commercial, and township development.

The company's consolidated net profit jumped 20.84% to Rs 405.08 crore, despite a 32.27% fall in net sales to Rs 470.38 crore in Q2 FY26 over Q2 FY25.

The scrip rose 0.19% to currently trade at Rs 2117.50 on the BSE.

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Godrej Properties announced that it has surpassed its business development annual guidance of Rs 20,000 for FY 26 with the acquisition of a ~ 75-acre land parcel in Nagpur.

This is the third acquisition in the city over the past four years, underscoring its strong momentum and strategic focus on emerging growth corridors. The development on this land will comprise primarily plotted residential units and will offer an estimated saleable area of ~ 1.7 million square feet.

The land parcel is strategically positioned near the Samruddhi Mahamarg and MIHAN SEZ, offering seamless connectivity to major corridors, including the Nagpur-Hyderabad Highway and Dr. Babasaheb Ambedkar International Airport. The location benefits from a well-developed social and municipal ecosystem, with access to quality healthcare facilities, educational institutions, retail hubs, and entertainment options, making it an attractive destination for future development.

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This marks GPL?s third land acquisition in Nagpur in the last four years, reflecting the company?s continued focus on emerging high-growth corridors. The newly acquired land is slated for a plotted residential development with an estimated saleable area of around 1.7 million sq ft.

Strategically located near the Samruddhi Mahamarg and the MIHAN SEZ, the parcel offers strong connectivity to key transit routes including the Nagpur?Hyderabad Highway and Dr. Babasaheb Ambedkar International Airport. The surrounding area features robust social and municipal infrastructure, including healthcare centres, educational institutions, retail facilities and entertainment zones, enhancing its appeal as a promising residential destination.

The acquisition further strengthens GPL?s footprint in the region as it continues to accelerate expansion in high-potential markets.

Gaurav Pandey, MD & CEO, Godrej Properties, said, ?Nagpur continues to strengthen its position as an important centre for infrastructure and industrial development, supported by improving connectivity and rising residential demand. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. We look forward to developing a quality plotted township that creates long-term value for its residents, aligned with our evolving aspirations.?

Godrej Properties is a leading national real estate developer. It is a real estate arm of the Godrej Group. The company currently operates in various cities and focuses on residential, commercial, and township development.

The company's consolidated net profit jumped 20.84% to Rs 405.08 crore, despite a 32.27% fall in net sales to Rs 470.38 crore in Q2 FY26 over Q2 FY25.

Shares of Godrej Properties shed 0.35% to close at Rs 2,122.75 on the BSE.

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