Godrej Properties Buys 20-Acre Land In Bengaluru, Eyes ₹1,350 Cr Revenue

CW Bureau ·

Godrej Properties Ltd (GPL), one of India’s leading real estate developers, has announced the acquisition of a 20-acre land parcel in East Bengaluru, in a strategic expansion in one of the city’s most vibrant residential corridors. The company plans to develop a premium residential project on the site, with an estimated revenue potential of around ₹1,350 crore.

Strategic Location In Whitefield Growth Corridor

The land parcel is located near NH-648 Main Road within the broader Whitefield growth corridor, a well-established residential and commercial hub. The region has emerged as a key destination for technology companies and service-driven employment, driving sustained housing demand.

Its proximity to the Whitefield–ITPL belt, coupled with seamless connectivity through the NH-648 corridor, offers convenient access to major parts of East and South Bengaluru.

Strong Connectivity and Social Infrastructure

The micro-market benefits from robust connectivity, supported by operational metro stations at Kadugodi and Hopefarm on the Purple Line. This has significantly improved accessibility to key business districts and urban centres across Bengaluru.

Over the years, the area has witnessed the development of strong social infrastructure, including reputed educational institutions, healthcare facilities, retail hubs, and leisure destinations—transforming it into a self-sustained urban ecosystem.

Stable Residential Demand

The East Bengaluru micro-market has demonstrated consistent residential demand, driven by end-user interest across both mid-income and premium housing segments. This stability continues to attract leading developers seeking long-term growth opportunities.

Focus on Thoughtfully Designed Living Spaces

Godrej Properties MD & CEO Gaurav Pandey said, “Homebuyers in Bengaluru continue to prioritise thoughtfully designed communities that offer convenience, holistic amenities, and long-term liveability. This land parcel allows us to plan a residential project that aligns with these expectations in a location that has shown steady and diverse housing demand. We will endeavour to create a development that brings together quality design, functionality, and an enhanced living experience for our customers.”