“Godrej Properties makes its debut in Indore with the purchase of 46 acres of land for a new plotted development project, signaling its expansion into the city.”
Godrej Properties, part of the Godrej Industries Group, has acquired a 46-acre land parcel in Indore, with plans to develop primarily plotted residential units.
According to a company statement, the project is expected to offer a saleable area of approximately 1.16 million square feet.
Godrej Properties
The land is situated along the Indore-Ujjain Road, an emerging corridor in Indore that is set to be expanded into a six-lane highway, making it a key residential and commercial hub.
“Residential plotted development has seen significant growth in recent years, and the Indore-Ujjain Road is an ideal micro-market for us to expand our presence in this sector. This move aligns with our strategy of entering rapidly growing cities through plotted development projects,” said Gaurav Pandey, Managing Director & CEO of Godrej Properties.
The location provides easy access to major landmarks, including Indore International Airport, Indore Junction railway station, educational institutions, and healthcare facilities.
The city’s residential real estate market has been further boosted by the planned expansion of Metro lines, the growth of corporate and IT sectors, and ongoing infrastructure developments.
