The site is located in one of South Coimbatore’s most sought-after residential micromarkets, in proximity to the Coimbatore Golf Club, the company said in a stock exchange filing.
Godrej said it 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. However, the company did not disclose the value of the transaction.
The company said the acquisition marks its entry into Coimbatore and reinforces its focused expansion into high potential growth cities across India.
The move strengthens presence in economically resilient urban centres, diversifies its regional booking mix, and accelerates the scale-up of its fast-growing plotted development portfolio, it added.
Coimbatore is rapidly transforming into a diversified economy driven by manufacturing, IT/ITES, education, healthcare, and a strong SME base. The city’s robust infrastructure, rising disposable incomes, and steady economic momentum continue to support sustained housing demand. Plotted developments have gained traction due to affordability, construction flexibility, and strong long-term appreciation potential, Godrej said in a statement.
“Coimbatore’s strong economic base and resilient end-user demand make it a compelling market. We look forward to developing a high-quality plotted community that strengthens our presence in South India,” Gaurav Pandey, MD & CEO, Godrej Properties, said.
In December 2025, the company launched its Godrej Azure project along Old Mahabalipuram Road in Chennai. It has projects in Bengaluru and Hyderabad in the South.
