Notification close image
No new Notification messages
card image
Seshaasai Technologies Ltd IPO
Apply for the Seshaasai Technologies Ltd 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 8.5-Acre Land in Pune with ₹2,000 Cr Potential

Synopsis:


Godrej Properties has acquired an 8.5-acre land parcel in the Mahalunge-Maan-Nande belt of Pune with developable potential of roughly 2.1 million sq. ft, estimated revenue of ₹2,000 crore and proximity to key infrastructure nodes.


Source:
Godrej Property Press Release (NSE Exchange Fillings) | Published on Jan 29, 2025

Disclaimer: This content has been published for informational purposes only. Bajaj Broking is not affiliated with, nor does it endorse or assume any responsibility for, the source material. Readers are advised to consult the original publication for complete and accurate context.

As quoted in the press release of Godrej Property (NSE Exchange Filings), the company has completed the purchase of an approximately 8.5-acre land parcel in the Mahalunge area of Pune. The company intends to develop a group housing project on the site, which offers a developable potential of around 2.1 million square feet and has an estimated revenue potential of about ₹2,000 crore.

The land lies in the Mahalunge-Maan-Nande belt, a part of the broader Mahalunge-Hinjewadi micro-market. It is situated near major growth corridors and benefits from proximity to the upcoming Pune Inner Ring Road, which enhances connectivity across the region.

Also Read: Quadrant Future Tek Wins ₹230 Cr KAVACH 4.0 Contract from ICF

Godrej Properties Ltd

Trade

1576.810.30 (0.65 %)

Updated - 30 January 2026
1588.60day high
DAY HIGH
1550.10day low
DAY LOW
1924460
VOLUME (BSE)

Key Takeaways

  • Acquisition of roughly 8.5 acres in Mahalunge, Pune.

  • Planned development covers approx. 2.1 million sq. ft.

  • Estimated revenue potential is near ₹2,000 crore.

  • Location benefits from proximity to Pune’s Inner Ring Road.

  • Access to established social infrastructure and IT/BFSI hubs.

Strategic Location and Infrastructure

The 8.5-acre parcel is positioned within the Mahalunge-Maan-Nande belt, which forms part of the larger Mahalunge-Hinjewadi micro-market. This micro-market lies along fast-developing urban corridors that connect significant residential and commercial hubs in Pune.

The site enjoys access to established social infrastructure, including schools such as Delhi Public School and Symbiosis Centre for Management, as well as proximity to Baner-Balewadi and Hinjewadi, areas known for their IT and BFSI presence.

Project Details Table

Attribute

Detail

Land Area

8.5 acres

Location

Mahalunge-Maan-Nande, Pune

Project Type

Group Housing

Developable Potential

~2.1 million sq. ft

Estimated Revenue Potential

~₹2,000 crore

Connectivity

Near Pune Inner Ring Road

Context within Pune Real Estate

Pune’s residential market has seen attention from major developers in recent years, with demand driven by growing employment centres and infrastructure expansion. The acquisition in Mahalunge reflects an ongoing interest in micro-markets with improved connectivity and access to employment hubs, educational institutions and lifestyle amenities.

The estimated revenue potential reflects the gross value that may be realised through saleable space once projects are completed and brought to market. This figure combines the expected sales across the planned developable area.

Market and Stock Response

Godrej Properties share price stands at ₹1,566.50 per share on the BSE as of 29 January 2026 at 15:30 PM IST, up by ₹16.20 or 1.04% from the previous close of ₹1,550.30.

Also Read: Balu Forge Industries Inducted into NATO Defence Supply Chain

Published Date : 30 Jan 2026

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

Read More Blogs

Our Secure Trading Platforms

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

Bajaj Broking App Download

11 lakh+ Users

icon-with-text

4.8 App Rating

icon-with-text

4 Languages

icon-with-text

₹7,900+ Cr MTF Book

icon-with-text