BAJAJ BROKING

Notification close image
No new Notification messages
card image
Oswal Pumps IPO is Open!
Apply for the Oswal Pumps IPO through UPI in just minutes.
delete image
card image
Start your SIP with just ₹100
Choose from 4,000+ Mutual Funds on Bajaj Broking
delete image
card image
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
delete image
card image
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
delete image
card image
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.
delete image

Godrej Properties Acquires 16-Acre Land in Pune for Rs.3,100 Cr Revenue

Synopsis:

Godrej Properties has acquired a 16-acre land parcel in Upper Kharadi, Pune, for a new premium housing project. The estimated revenue potential from this project stands at Rs.3,100 crore, expanding the company’s footprint in one of Pune’s key real estate hubs.


Godrej Properties has acquired approximately 16 acres of land in the Upper Kharadi micro-market of Pune. The land will be used to launch a premium group housing project as part of its expansion strategy in high-growth corridors. The proposed development is expected to generate a total estimated revenue of Rs.3,100 crore.

Also read: Bata Group Appoints Panos Mytaros as Global CEO, Replacing Kataria

GODREJ PROPERTIES LTD

Trade

2455.721.30 (0.87 %)

Updated - 17 June 2025
2483.90day high
DAY HIGH
2430.40day low
DAY LOW
1637479
VOLUME (BSE)

Key Takeaways

  • Land area acquired: 16 acres in Upper Kharadi, Pune

  • Development type: Premium residential housing

  • Estimated revenue: Rs.3,100 crore

  • Location benefit: In-demand residential zone in Kharadi-Wagholi belt

  • Strategic aim: Strengthening presence across urban micro-markets

This marks a strategic addition to the company’s land bank and reinforces its position in Pune’s thriving real estate market. The development is likely to cater to the rising demand for high-quality residential spaces driven by IT growth and connectivity.

Also read: Sona BLW Chairman Sunjay Kapur Passes Away, Board to Elect Successor

Project Details and Revenue Potential

The acquired land lies in the Kharadi-Wagholi stretch, known for its rapid infrastructure development and strong demand from working professionals. The project will focus on premium housing, designed for the upper mid-income and luxury segments. It will offer nearly 3.7 million square feet of developable area, with an estimated revenue potential of Rs.3,100 crore.

Project Details

Figures

Location

Upper Kharadi, Pune

Land Area

Approx. 16 acres

Development Type

Premium group housing

Developable Potential

Around 3.7 million sq. ft.

Estimated Revenue

Rs.3,100 crore

Pune’s Real Estate Market Continues to Attract Big Investments

Upper Kharadi, part of Pune’s eastern corridor, has become a preferred residential hub due to its proximity to IT parks, educational institutions, and the airport. With improved social infrastructure and transport access, developers are investing heavily in this location. Godrej Properties' latest acquisition is a reflection of this trend, showcasing the area's growth potential.

The company’s ongoing investments in Pune support its long-term vision of creating landmark residential projects in emerging micro-markets. This acquisition complements other strategic land deals across India, as the firm expands its footprint beyond metros.

The Godrej Properties share price may continue to reflect market optimism as the company leverages strong demand in cities like Pune. Its ability to unlock high-value revenue from such projects reinforces its reputation as a forward-looking real estate brand.

Outlook For Investors and Homebuyers

For investors, this acquisition highlights Godrej Properties’ focus on high-revenue urban locations. For prospective homebuyers, the upcoming development may offer a mix of modern amenities, well-connected location, and superior design—features that align with premium housing preferences.

With demand for branded homes rising in Pune, projects like this are expected to see robust traction upon launch. Investors tracking the Godrej Properties share price are likely to assess this land deal as a positive signal of future earnings and portfolio growth.

Also read: ONGC Gas Leak in Assam Enters Day 5, Crisis Team Leads Containment

Share this article: 

Read More Blogs

Disclaimer :

The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.

The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.

Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

[ Read More ]

For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

10 lakh+ Users

icon-with-text

4.4 App Rating

icon-with-text

4 Languages

icon-with-text

₹5100+ Cr MTF Book

icon-with-text
banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|