Godrej Properties 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 Rs 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.
This acquisition marks GPL's entry into Coimbatore and reinforces its focused expansion into high potential growth cities across India.