Acquires ~44-acre land parcel for plotted development with a developable potential of ~1.1 million sq. ft.

Godrej Properties Limited has announced the acquisition of a ~44-acre land parcel in Coimbatore through an outright purchase. The company plans to develop a premium plotted residential project with a developable potential of ~1.1 million sq. ft. and an estimated revenue potential of ~INR 450-crore*.

The proposed development will offer a well-planned residential layout featuring quality infrastructure, landscaped open spaces, and community amenities aligned with GPL’s design and sustainability philosophy. The site is located in one of South Coimbatore’s most sought-after residential micro-markets, in proximity to the Coimbatore Golf Club.

* Based on current business assumptions.