Godrej Properties has announced its entry into Raipur, Chhattisgarh with the acquisition of a 50-acre land parcel near Old Dhamtari Road, one of the city's emerging residential corridors.

The planned development will be a premium plotted housing project with an estimated saleable area of approx. 9.5 lakh sq. ft.. The strategic location offers strong connectivity to central Raipur, the railway station, and Swami Vivekananda Airport.

Additionally, it is situated near upcoming infrastructure projects like the Raipur–Hyderabad and Raipur–Visakhapatnam expressways, further enhancing its accessibility and investment potential. The site also benefits from well-established social infrastructure and proximity to major highways, making it ideal for residential expansion. “This acquisition marks another significant step in our expansion journey as we continue to strengthen our presence in key micro-markets across India,” said Gaurav Pandey, MD & CEO, Godrej Properties.

The move aligns with Godrej Properties' broader strategy of expanding into high-growth regions through plotted developments, catering to rising demand for self-owned land parcels and gated community living. At market close on Wednesday, shares of Godrej Properties reflected investor interest following the announcement.