Godrej Properties to Elevate Pune's Residential Landscape with an 11-acre Development in Hinjawadi

Pune, India—Godrej Properties is pleased to announce its next landmark project in Pune, which reinforces its commitment to redefining excellence and innovation in Indian real estate. Located on an expansive 11-acre property in the dynamic neighbourhood of Hinjawadi, this outstanding development, often regarded as the Best Kept Secret of Hinjawadi, is expected to add nearly 22 lakh square feet of premium residential and lifestyle space, with a revenue of Rs 1,800 crore. This project is a significant addition to Godrej Properties' curated portfolio, reaffirming the company's strategic commitment on Pune as a city with tremendous growth potential.

With easy access to IT hubs, educational institutions, and commercial districts, this development is poised to revolutionise smart urban life. Its proximity to the upcoming Megapolis Metro Station provides unrivalled connectivity, appealing to discerning professionals and families alike who appreciate both accessibility and a higher standard of living.

"Hinjawadi is an important micro-market for us in Pune, and we are excited to bring this project to fruition," said Mr Gaurav Pandey, Managing Director and CEO of Godrej Properties. "This strategic addition to our portfolio is consistent with our aim of expanding our presence in important cities and micro-markets throughout India. We are dedicated to establishing an extraordinary gated community that represents exclusivity and long-term value for its residents."

The Hinjawadi development, designed to appeal to the refined tastes of modern Pune residents, will combine contemporary architecture, world-class services, and tranquil green spaces to create a smart urban oasis. Residents will have access to deliberately designed recreational areas, beautiful landscapes, and cutting-edge facilities that will improve their lives and build a feeling of community. Each detail demonstrates Godrej Properties' commitment to creating experiences that balance comfort, luxury, and well-being.

This landmark building in Hinjawadi demonstrates Godrej Properties' outstanding performance in Pune, a city that has had extraordinary growth in the premium real estate category. For FY24, the Pune market achieved a booking value of Rs 2,686 crore, a 24% rise over FY19, demonstrating the city's growing desire for sophisticated living spaces. Godrej Properties' expansion into Pune's high-demand neighbourhoods enables the company to capture and mould the city's changing landscape.

As the company expands into Pune and Bangalore, two rapidly developing markets, the Hinjawadi project is a significant milestone. Both cities are predicted to grow at the same rate as Godrej Properties' more established markets, owing to a growing appetite for high-quality urban living.

About Godrej Properties

Godrej Properties extends the Godrej Group's tradition of excellence, innovation, and sustainability into the real estate business. Each project exemplifies the brand's values of trust and dedication to cutting-edge design and quality. Godrej Properties is known for merging history and innovation, and has received multiple honours, including the prestigious Golden Peacock Award for Sustainability, which recognises its commitment to ecologically aware development processes.

The Hinjawadi project will not only enrich Pune's skyline but will also set a standard for sophisticated, secure, and elegant living, demonstrating Godrej Properties' commitment to creating enhanced lifestyles for India's discriminating homeowners. This development, indeed the Best Kept Secret of Hinjawadi, embodies the company’s dedication to high-quality urban living and transformative spaces.