Loading market data...
Tue, 07 Jul 2026
05:27:45 pm
Tue, 07 Jul 2026
05:27:45 pm
Rudransh Sangwan
Published at: May 23, 2026, 11:45 AM
Synopsis
Godrej Properties signed its biggest-ever construction contract worth ₹1,10,000 lakh with Tata Projects for three luxury residential developments on Golf Course Road, Gurgaon. Despite the realty stock falling over 20% in one year, the company continues expanding aggressively across India’s premium housing market through large-scale luxury projects and strategic partnerships.
Godrej Properties Limited has signed its largest-ever construction contract worth ₹1,10,000 lakh with Tata Projects for the development of three luxury residential projects located on Golf Course Road, Gurgaon.
The real estate stock has declined more than 20% over the last one year, even as the company continues expanding aggressively in India’s premium housing segment through large-scale luxury developments and strategic partnerships.
The agreement covers core and shell construction works for Godrej Sora, Godrej Astra, and Godrej Samaris, marking the first collaboration between Godrej Properties and Tata Projects.
The partnership is focused on accelerating construction quality, project execution, and delivery timelines across premium residential developments in Gurugram.
| Parameter | Details |
|---|---|
| Company | Godrej Properties Limited |
| Partner | Tata Projects |
| Contract Value | ₹1,10,000 Lakh |
| Number of Projects | 3 |
| Project Location | Golf Course Road, Gurgaon |
| Project Segment | Luxury Residential Developments |
Loading chart...
The construction contract includes three premium housing projects located in one of Gurugram’s most high-value residential corridors.
| Project Name | Segment |
|---|---|
| Godrej Sora | Luxury Residential |
| Godrej Astra | Premium Residential |
| Godrej Samaris | Upcoming Luxury Development |
Among these, Godrej Samaris is an upcoming launch in Sector 53, Gurugram, spread across approximately 7.41 acres.
Under the agreement, Tata Projects will undertake:
The collaboration aims to improve:
The latest contract reflects Godrej Properties’ continued focus on scaling its luxury residential portfolio across key urban markets.
The company has been actively expanding across:
Golf Course Road in Gurgaon remains one of India’s most premium residential micro-markets with strong demand for luxury housing.
Tata Projects brings more than 45 years of infrastructure execution experience to the partnership.
The company has previously delivered major infrastructure projects including:
The collaboration is expected to strengthen execution quality and delivery standards for Godrej Properties’ premium developments.
The Gurgaon real estate market continues witnessing strong activity across:
Golf Course Road remains one of the most sought-after residential locations due to:
Despite the major contract announcement, the stock has remained under pressure over the past year amid broader weakness in the real estate sector.
| Period | Return |
|---|---|
| 1 Day | -0.23% |
| 5 Days | -0.03% |
| 1 Month | -3.99% |
| 6 Months | -17.12% |
| 1 Year | -20.55% |
| 5 Years | +32.76% |
India’s premium residential real estate market continues to witness strong long-term demand driven by urbanization, rising disposable income, and increasing preference for branded housing developers.
With its biggest-ever ₹1,10,000 lakh construction contract, Godrej Properties is strengthening its presence in the luxury real estate segment while partnering with Tata Projects to improve execution capabilities across marquee developments in Gurgaon.
Godrej Properties signed construction contracts worth ₹1,10,000 lakh with Tata Projects for luxury residential developments in Gurgaon.
The total contract value is approximately ₹1,10,000 lakh.
The agreement includes:
The projects are located on Golf Course Road, Gurgaon, one of India’s premium luxury residential markets.
Tata Projects will handle:
This is the largest single construction contract awarded by Godrej Properties till date and strengthens its luxury residential expansion strategy.
Godrej Samaris is an upcoming luxury residential project located in Sector 53, Gurugram, spread across around 7.41 acres.
Tata Projects has over 45 years of infrastructure execution experience and has worked on projects like:
Godrej Properties stock has declined approximately 20.55% over the last one year.
Golf Course Road is known for:
Financial journalist specializing in market analysis, stock research, and investment trends. Dedicated to providing accurate, timely insights for informed decision-making.
Credentials: Experienced financial journalist with expertise in equity markets and economic analysis
The information provided in this article is for educational and informational purposes only and should not be construed as financial, investment, or legal advice. welomoney does not provide personalized investment recommendations.
For detailed terms and conditions, please read our Disclaimer and Terms of Service.
Why did Trent share price crash 12% today despite reporting 19% Q1 FY27 revenue growth? Here's a detailed analysis of the slowdown, Zudio expansion,...
Adani Group plans a ₹1.1 lakh crore aluminium project with IHC in Odisha. Learn how the investment could challenge Hindalco and Vedanta while...
Varun Beverages acquires Devyani Food Industries Kenya's dairy, juice and packaged water business for ₹305 crore.
Investec raises Dixon Technologies' share price target to ₹16,200 and maintains a Buy rating.
Dabur India Q1 FY27 Update: Dabur expects double-digit revenue growth in the June quarter, supported by strong domestic FMCG demand, high-teen...
