Godrej New Land Nagpur

Godrej Properties

A small-cap stock that delivered over 3000% returns in 3 years

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A small-cap stock that delivered over 3000% returns in 3 years hits upper circuit after signing an agreement with Godrej Properties

Kesar India has informed that it has sold some of its land parcels to Godrej Properties under an agreement. This small-cap stock has given its investors more than 3000% returns over the last three years.

On Friday, the stock of real estate small-cap company Kesar India Ltd witnessed a strong rally. The surge was so sharp that the stock hit a 2.94% upper circuit and closed at the level of ₹875. The reason behind this rise is the company’s agreement to sell some of its land parcels to Godrej Properties.

Company signs agreement
The company announced that it has sold a land parcel located at Mouza Takli in Hingna, Nagpur to Godrej Properties. The sale was officially approved on 20 November 2025. The company stated that the sale took place after its shareholders approved the proposal through a postal ballot on 8 November 2025 Godrej Plots Nagpur .

Company’s quarterly results
For the financial year 2025 quarter, Kesar India reported revenue of ₹29.85 crore, compared to ₹50.96 crore a year earlier. In the second quarter of FY26, the company’s expenses reduced to ₹28.48 crore, while during the same quarter last year the expenses were ₹30.56 crore.

Talking about profit, the company posted a profit of ₹1.1 crore this quarter, whereas last year the profit was ₹16.48 crore.

Share performance
In the past 1 month, the stock has gained 9.51%, and in the past 6 months it has surged 28%. However, in the last one year, it has seen a decline of 17%.

What does the company do?


Kesar India is a Nagpur-based real estate company that develops luxury homes and commercial buildings under the name Kesar Lands. The company started in 2003 as Kesar Impex (India) Private Limited. Godrej Samruddhi Mahamarg Nagpur It is also a member of CREDAI, IGBC, and Builders Association of India. From land acquisition and planning to project construction and sales, the company manages everything, with a focus on affordable luxury housing.

Godrej Properties News Nagpur

Godrej Properties Begins Developing a New Township on 75 Acres in Nagpur

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Godrej Properties Begins Developing a New Township on 75 Acres in Nagpur; Company Expected to Earn Around ₹755 Crore From the Project

Godrej Properties News Nagpur has purchased a new 75-acre land parcel in Nagpur, achieving its FY26 business development target of ₹20,000 crore ahead of time. The company expects to generate an estimated revenue of approximately ₹755 crore from this project. The development will include nearly 1.7 million sq ft of plotted residential space.

Key Highlights

  • FY26 business development target of ₹20,000 crore achieved ahead of schedule

  • Acquisition of 75 acres in Nagpur — the company’s third project in the city in 4 years

  • Estimated revenue: ₹755 crore

  • 1.7 million sq ft plotted residential township

  • Strategic location near Samruddhi Mahamarg, MIHAN SEZ, the airport, and Nagpur–Hyderabad Highway

  • Nagpur among India’s fastest-growing urban markets

  • Strengthens Godrej’s expansion strategy in Tier-II cities

Full News — In Simple Language

Godrej Properties on Friday announced that it has acquired a 75-acre land parcel in Nagpur. With this acquisition, the company has already met its FY26 business development guidance of ₹20,000 crore much earlier than expected.

Godrej Properties in Nagpur

Godrej Properties in Nagpur News According to the company’s exchange filing, the project is projected to generate around ₹755 crore in revenue. The proposed development will be a plotted residential township, featuring approximately 1.7 million sq ft of saleable area.

📍 A Premium Location

The newly acquired land is located in one of Nagpur’s rapidly developing zones with excellent connectivity:

  • Close to Samruddhi Mahamarg

  • Well-connected to MIHAN SEZ

  • Easy access to the Nagpur–Hyderabad Highway

  • Near Dr. Babasaheb Ambedkar International Airport

The location also enjoys proximity to hospitals, schools, shopping centres, entertainment hubs, and all essential civic facilities.

🏗️ Nagpur: The New Real Estate Hotspot

According to Gaurav Pandey, MD & CEO of Godrej Properties, Nagpur is emerging quickly as an infrastructure and industrial hub. With rising connectivity, increasing housing demand, and large-scale development, the city is becoming a major growth centre.

He added that this acquisition marks an important step in Godrej’s strategy to expand into India’s high-potential emerging cities.

🌆 Growing Interest in Tier-II Cities

With limited land availability and high prices in metro cities, real estate companies are increasingly focusing on Tier-II cities. Locations like Nagpur offer:

  • Greater land availability

  • Fast-growing industrial ecosystem

  • Demand for organised and affordable housing

  • Large-scale potential for township development

The company aims to create long-term value by entering high-growth markets early.

Q. Is this Godrej’s first project in Nagpur?
No. This is the company’s third project in the city in four years.

Q. When will plot sales begin?
The project is expected to begin its launch process within the next 12–18 months.

Q. Is Nagpur becoming a major real estate growth destination?
Yes. Due to MIHAN, improved metro connectivity, new highways, and airport access, investment activity is rising significantly.