Godrej Properties Achieves ₹2,000 Crore Sales in North Bengaluru Project Launch
Real estate developer Godrej Properties Ltd. has reported sales worth over ₹2,000 crore during the launch of the first phase of the Barca @ Godrej MSR City in Devanahalli, North Bengaluru. The project's success highlights the region's growing popularity due to its strategic infrastructure and amenities.
Godrej PropertiesNorth BengaluruReal EstateBarca Godrej Msr CityDevanahalliReal EstateJun 23, 2025
Godrej MSR City has a developable potential of 5.6 million square feet, with significant unlaunched inventory remaining. The developer plans to sell this inventory in the coming years. Barca @ Godrej MSR City features expansive green zones, sunlit terraces, and a 1.5 lakh square feet clubhouse with amenities and designed spaces for leisure, wellness, work, and community connection.
Devanahalli in North Bengaluru has become a hotspot for real estate due to its proximity to Kempegowda International Airport, upcoming metro stations, and arterial roads such as NH-44 and the six-lane Bellary Road. The region is also witnessing development driven by key infrastructure projects and the presence of IT and aerospace hubs. Access to tech parks, educational institutions, and healthcare facilities further enhances its appeal.
The strong demand reflects growing consumer preference for thoughtfully designed communities that offer a blend of lifestyle, connectivity, and long-term value, according to Gaurav Pandey, the MD and CEO of Godrej Properties. Last week, Godrej Properties acquired around 16 acres of land in Pune's Upper Kharadi locality. The project is expected to have a developable potential of 2.5 million square feet with an estimated revenue potential of ₹3,100 crore. The development on this land will primarily comprise premium group housing and high-street retail.
Shares of Godrej Properties Ltd. ended the previous session 1.59% up at ₹2,418 apiece. The stock has gained 10.8% in the past month.
Frequently Asked Questions
What is the total developable potential of Barca @ Godrej MSR City?
Barca @ Godrej MSR City has a developable potential of 5.6 million square feet.
Why has Devanahalli become a hotspot for real estate?
Devanahalli has become a hotspot for real estate due to its proximity to Kempegowda International Airport, upcoming metro stations, and arterial roads such as NH-44 and the six-lane Bellary Road. The region also benefits from key infrastructure projects and the presence of IT and aerospace hubs.
What amenities does Barca @ Godrej MSR City offer?
Barca @ Godrej MSR City offers expansive green zones, sunlit terraces, and a 1.5 lakh square feet clubhouse with amenities and designed spaces for leisure, wellness, work, and community connection.
How much land did Godrej Properties acquire in Pune's Upper Kharadi locality?
Godrej Properties acquired around 16 acres of land in Pune's Upper Kharadi locality.
What is the estimated revenue potential of the project in Pune?
The project in Pune's Upper Kharadi locality is expected to have a developable potential of 2.5 million square feet with an estimated revenue potential of ₹3,100 crore.
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