Godrej Properties has announced its entry into Vadodara, Gujarat, through the acquisition of a 34-acre land parcel located on Ajwa Road, a fast-developing real estate corridor.
The new project will feature premium plotted residential units, offering an estimated saleable area of 0.9 lakh square feet, according to a company statement. This acquisition marks GPL’s second land deal in Gujarat within the past year, reinforcing its strategic intent to expand in the western state. In October 2024, the company had acquired a 3-acre parcel in Vastrapur, Ahmedabad, for a luxury residential development.
Key Highlights
Ajwa Road is emerging as a sought-after destination in Vadodara, known for its villa projects and plotted layouts. The area boasts excellent connectivity to commercial hubs, educational institutions, the city center, and Vadodara Airport, making it an ideal residential location. The well-developed infrastructure and proximity to leisure zones and key city landmarks further enhance the appeal of the upcoming Godrej project.
Gaurav Pandey, MD and CEO, Godrej Properties, said, “We are happy to announce our entry into the vibrant city of Vadodara. Reinforcing our commitment to the state and confidence in the market potential, this acquisition aligns strategically with our focus on entering high-growth cities through plotted developments."
"With residential plotted developments gaining significant traction, Ajwa Road offers an excellent opportunity for expansion. Our goal is to create a sustainable and thriving community that delivers long-term value to residents while leveraging Vadodara's immense growth potential,” he said.
Also Read: Godrej Properties Ramps Up Expansion in Bengaluru
This move underscores Godrej Properties’ continued focus on expanding its footprint in high-potential Tier-2 cities, leveraging strategic land acquisitions to launch premium residential communities tailored for aspirational urban buyers.
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