01 Aug, EOD - Indian

Nifty Pharma 22011.7 (-3.33)

Nifty Smallcap 100 17668.2 (-1.66)

Nifty 50 24565.35 (-0.82)

Nifty IT 34649.6 (-1.85)

Nifty Midcap 100 56637.15 (-1.33)

SENSEX 80599.91 (-0.72)

Nifty Next 50 66192.8 (-1.35)

Nifty Bank 55617.6 (-0.62)

01 Aug, EOD - Global

NIKKEI 225 40799.6 (-0.66)

HANG SENG 24507.81 (-1.07)

S&P 6275.25 (-1.74)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(16 Jul 2025, 15:50)

Godrej Properties acquires 50-acre land in Raipur, Chhattisgarh

Godrej Properties said that it has acquired around 50-acres of land in Raipur, Chhattisgarh, to develop a premium plotted residential project.


The project is expected to offer an estimated saleable area of around 9.5 lakh square feet.

The newly acquired land parcel is strategically located near Old Dhamtari Road, one of Raipur’s fastest-growing real estate corridors. The location offers seamless connectivity to key city nodes such as Central Raipur, Raipur Railway Station, and Swami Vivekananda Airport.

The area is witnessing rapid development, supported by robust social infrastructure including reputed educational institutions, healthcare facilities, and retail hubs. Connectivity is further bolstered by major infrastructure projects like the Atal Path (Raipur–Naya Raipur Expressway) and upcoming expressways linking Raipur to Hyderabad and Visakhapatnam, enhancing the site's appeal for premium residential development.

Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are delighted to announce our entry into the dynamic city of Raipur. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. Raipur, with its growing demand for residential plotted developments and strong infrastructure growth, presents an exciting opportunity.

This acquisition also aligns strategically with our focus on entering high-growth cities through plotted developments. We look forward to developing a quality plotted township that creates long-term value for its residents, aligned with the region’s 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 declined 18.9% to Rs 381.99 crore, despite a 48.8% jump in net sales to Rs 2,121.73 crore in Q4 FY25 over Q4 FY24.

Shares of Godrej Properties rose 0.77% to settle at Rs 2,289.35 on the BSE.

More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +