Godrej Properties Expands in Bengaluru with 3.8-Acre Land Acquisition

Godrej Properties Limited (GPL) announced on November 20 that it has acquired an additional 3.8-acre land parcel in South Bengaluru. This acquisition unlocks a significant potential revenue of ₹2,400 crore and expands the company's development potential by around 2 million sq. ft., according to a regulatory filing.

With this latest acquisition, GPL envisions a large-scale, premium residential community with an estimated total revenue potential of ₹3,500 crore. The project will span approximately 30 acres, combining the newly acquired land with the company's existing holdings.

In October, GPL had already purchased a 26-acre land parcel at Sarjapur, Bengaluru, to develop a housing project with an estimated revenue of ₹1,100 crore. This strategic move further solidifies the company's presence in one of Bengaluru's most vibrant residential hubs.

The enhanced potential is largely due to higher Floor Space Index (FSI) permissibility across the entire land parcel. This allows the combined 30-acre holding to be master-planned as an integrated group housing development township. The land parcel offers GPL the scale to conceptualize a thoughtfully planned township community with ample open spaces, lifestyle amenities, and a diverse residential offering that blends sustainability, wellness, and modern conveniences.

Sarjapur Road, where the new project is located, is well-connected to major employment centers such as Outer Ring Road, Whitefield, Bellandur, and Electronic City. The area is complemented by a mature social ecosystem of reputed schools, hospitals, retail avenues, and workspaces. These factors make Sarjapur Road a preferred destination for homebuyers seeking well-connected, high-quality urban living.

Commenting on the acquisition, Gaurav Pandey, MD and CEO of Godrej Properties, said, “This expansion gives us the opportunity to create a landmark community that reflects our vision for sustainable, integrated living. The strong performance of our projects in this corridor highlights the depth of demand and the confidence customers place in our brand. We will aim to deliver a development that not only meets the aspirations of today’s homebuyers but also sets new standards for design, wellness, and urban planning in Bengaluru.”

Godrej Properties is a leading real estate developer in India, known for its commitment to sustainability and innovative design. The company's projects are designed to cater to the evolving needs of modern homebuyers, offering a blend of luxury, convenience, and environmental responsibility. This latest acquisition is a testament to GPL's strategic approach to expansion and its focus on creating value for its stakeholders.

Godrej Properties' presence in Bengaluru continues to grow, with the company having previously acquired a 48-acre land parcel in North Bengaluru for plotted development. These strategic land acquisitions are part of the company's broader vision to establish a strong footprint in key markets and deliver high-quality, sustainable residential projects to meet the growing demand for modern living spaces.

The Sarjapur Road micro-market is one of the most sought-after areas in Bengaluru, known for its well-planned infrastructure and vibrant community. The area's proximity to major employment centers and its well-established social infrastructure make it an attractive location for developers and homebuyers alike. With this new acquisition, Godrej Properties is poised to capitalize on the growing demand for premium residential properties in the region.