GODREJPROP NSE filing

Godrej Properties Opens India's Largest Indoor Padel Facility at Godrej City, Panvel

The RealCase readMedium impact Positive

Godrej Properties has launched 'On Court', one of India's largest indoor padel facilities with four international-standard courts, at its Godrej City, Panvel township. The launch was attended by world No. 1 and No. 2 padel players. The township also introduced a new phase of Sky Villas, complementing its golf course and green spaces.

Why it matters

The launch of a new sports facility and residential phase enhances the lifestyle appeal of the township, potentially attracting more buyers and strengthening the brand's positioning. However, it does not represent a direct financial result or major corporate action.

The market read

The announcement details the launch of a new, large-scale sports facility and new residential offerings, which are positive developments for the company and its township.

Godrej Properties Limited has announced the opening of 'On Court', one of India's largest indoor padel facilities, located within its 145-acre mixed-use township, Godrej City, Panvel. The facility features four international-standard indoor courts.

The opening event was attended by over 100 guests, including world-renowned padel stars Arturo Coello and Agus ơn Tapia, ranked World No. 1 and No. 2 respectively. This new facility complements the township's existing amenities, which include a 9-hole golf course and expansive green spaces.

Alongside the padel courts, Godrej City Panvel has launched an exclusive new phase of residences, offering 3 and 4-bedroom Sky Villas. These homes are designed with a focus on wellness and open onto expansive decks, integrating everyday living with world-class sporting infrastructure.

Developed in partnership with PadelPark India, the padel courts feature turf surfaces with a terracotta finish, suitable for both competitive play and recreational use. Godrej Properties aims to foster a strong ecosystem for the sport in India by providing high-quality infrastructure.

Mr. Amitesh Shah, CEO - Mumbai Zone, Godrej Properties Ltd., expressed excitement about the growth of padel in India and the role of quality infrastructure in its development. Mr. Uraaz Bahl, Partner, Godrej City, Panvel, highlighted the vision of building communities around experiences that encourage an active lifestyle and connection.

The addition of padel as a medal event in the Asian Games has increased demand for such facilities in India. Godrej City, Panvel, with its new padel courts and existing golf course, is positioned to cater to both competitive players and new enthusiasts.

Primary source

A plain-language summary of a public exchange filing by Godrej Properties Limited. Read the original for the full detail.

View original filing
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