New Cities India

Land Acquisition

Godrej Properties Announces 75-Acre Plotted Township in Nagpur Near Samruddhi Mahamarg

Godrej Properties has acquired a 75-acre land parcel in Nagpur to develop a housing project with an estimated revenue of ₹755 crore. This marks the company's third acquisition in the city in about four years.

Realty News — Godrej Properties Announces 75-Acre Plotted Township in Nagpur Near Samruddhi Mahamarg
LocationMIHAN SEZ Corridor, near Samruddhi Mahamarg, Nagpur
Land Area75 acres
Saleable AreaApproximately 1.7 million sq ft
Revenue Potential₹755 crore (estimated)
Product TypePlotted residential units
StatusAnnounced – acquisition completed; development phase pending
Announcement Date21 November 2025
DeveloperGodrej Properties Limited
ConnectivitySamruddhi Mahamarg, Nagpur-Hyderabad Highway, Dr Babasaheb Ambedkar International Airport

Project Overview

Godrej Properties has acquired a 75-acre land parcel with a revenue potential of ₹755 crore and about 1.7 million square feet of development potential in Nagpur. The development on the said land will primarily comprise plotted residential units. The land parcel is strategically positioned near the Samruddhi Mahamarg and MIHAN SEZ, offering seamless connectivity to major corridors, including the Nagpur–Hyderabad Highway and Dr Babasaheb Ambedkar International Airport.

Location & Connectivity

The project is located in the MIHAN SEZ corridor, one of Nagpur's fastest-growing infrastructure zones. The land parcel is positioned near the Samruddhi Mahamarg and MIHAN SEZ, offering seamless connectivity to major corridors, including the Nagpur–Hyderabad highway and Dr Babasaheb Ambedkar International Airport.

The south-east corridor—the belt running from Wardha Road and Besa toward the hub and along the Samruddhi Mahamarg—benefits most, combining the MIHAN job anchor, the airport and the expressway, so land values there tend to respond strongly.

MIHAN & Nagpur Growth Context

MIHAN is the country's first Multi-product special economic zone (SEZ) which is adjacent to an existing international airport. The project is spread over an area of 4,354 hectares, that houses an international airport on 1,364 hectares in addition to a 1,238 hectares SEZ that include maintenance, repair and overhaul (MRO) for aircraft, information Technology Parks, Hospitals, besides manufacturing and value-added units.

MIHAN's relevance is reinforced by its larger airport, IT, industrial, healthcare, and institutional ecosystem, including names commonly associated with the zone such as TCS, Infosys, HCL, AIIMS Nagpur, IIM Nagpur-side access, DRAL, and TASL.

Godrej Properties' Nagpur Strategy

Godrej Properties noted that this is the third land acquisition in the city over the past four years. The company informed that it has surpassed ₹20,000 crore annual target of new business development for this fiscal year after the latest purchase of 75 acres in Nagpur, Maharashtra.

Gaurav Pandey, MD & CEO, Godrej Properties, said, "Nagpur continues to strengthen its position as an important centre for infrastructure and industrial development, supported by improving connectivity and rising residential demand."

Related Godrej Projects in Nagpur

Godrej Properties has been active in Nagpur with plotted developments. Godrej Forest Estate, a project with possession expected by March 2027, has RERA ID P50500054903. Plot sizes at Godrej Forest Estate range from 1100 sq ft to 2000 sq ft.

Frequently asked questions

What is the product type and size mix expected?

The company plans to develop a plotted residential project, with a saleable area of nearly 1.7 million sq ft. The project is meant to offer independent residential plots, forming part of a larger housing layout.

When was this project announced?

The disclosure was made through a stock exchange filing on November 21, 2025.

Is this Godrej's first project in Nagpur?

This is the third acquisition in Nagpur over the past four years. Godrej Properties has previously launched Godrej Forest Estate and Godrej Orchard Estate in the city.

What is the expected revenue from this project?

The upcoming project in Nagpur will have an estimated saleable area of around 1.7 million sq ft, with a revenue potential of about ₹755 crore.

How does this project fit into Godrej Properties' business development strategy?

With this, the company has surpassed its business development (BD) annual guidance of ₹20,000 crore for the financial year 2026 (FY26). The acquisition reflects the company's expansion into tier-2 markets with strong infrastructure backing.

What is MIHAN and why is proximity to it significant?

The project comprises developing the existing domestic airport of Nagpur as an international passenger and cargo hub airport, along with a huge Special Economic Zone (SEZ), which is abutting to the boundary of the airport. MADC is developing a huge SEZ on an area of more than 2,000 hectares. Employment and commercial activity in MIHAN drives residential demand in adjoining areas.

Sources

Want the price sheet or a site visit?

Register once — we connect you with the developer’s sales team for this launch.