Godrej Properties Expands Bengaluru Township with Strategic Land Acquisition
Godrej Properties, a leading real estate developer in India, has made a significant move by acquiring an additional 3.8-acre land parcel in South Bengaluru. This strategic acquisition adds substantial scale to the company's upcoming township project on Sarjapur Road, unlocking an extra Rs 2,400 crore in revenue potential and expanding the developable area by about 2 million square feet, as stated in a regulatory filing.
With this latest acquisition, the total project area now covers roughly 30 acres. Godrej Properties plans to build a premium residential township with an estimated overall revenue potential of Rs 3,500 crore and nearly 3 million square feet of development. In October, the company had already purchased a 26-acre plot in the same location for a project expected to generate Rs 1,100 crore.
The increased development potential is driven by higher FSI (Floor Space Index) approvals across the combined land parcel. This allows the entire 30-acre space to be master planned as an integrated township. The company aims to create a well-designed community with open spaces, lifestyle amenities, and a range of housing options focused on sustainability, wellness, and modern living.
The acquisition strengthens Godrej Properties' foothold in the Sarjapur Road micro-market, one of Bengaluru's most active residential corridors. The area has strong connectivity to Outer Ring Road, Whitefield, Bellandur, and Electronic City, and offers a well-developed social ecosystem that includes schools, hospitals, retail hubs, and corporate offices. These factors continue to attract homebuyers seeking high-quality, well-connected urban homes.
Gaurav Pandey, MD and CEO of Godrej Properties, said the expansion enables the company to create a landmark township that reflects its vision for sustainable and integrated living. He added that strong demand in the corridor reinforces customer confidence in the brand.
Godrej Properties is committed to delivering high-quality, sustainable, and integrated living spaces. This new township project on Sarjapur Road is a testament to the company's dedication to meeting the growing demand for modern, well-connected residential communities in Bengaluru.
