Godrej Properties Launches 14-Acre Residential Project in East Bengaluru, Aims for Rs 1,500 Crore Revenue
Godrej Properties, a leading real estate developer, has unveiled a new 14-acre residential project in East Bengaluru's Hoskote, aiming to generate Rs 1,500 crore in revenue. The project is strategically located near key employment hubs, aligning with the company's vision of high-quality housing in high-growth corridors.
Real EstateGodrej PropertiesBengaluruResidential ProjectSustainable GrowthReal EstateJun 16, 2025
Strategically located near Whitefield and ITPL, two key employment hubs in Bengaluru, the new project is set to benefit from the rapidly evolving infrastructure and improving connectivity in the Hoskote micro market. Gaurav Pandey, MD and CEO of Godrej Properties, commented, 'Hoskote is an important micro market for us in East Bengaluru. It continues to demonstrate strong demand for high-quality housing and aligns with our vision of developing best-in-class residential communities.'
This expansion follows the successful response to the company’s earlier project, Godrej Woodscapes, and underscores its commitment to expanding in Bengaluru’s eastern corridor. The company’s strategy is aligned with the growing urban housing demand, particularly in cities undergoing rapid infrastructure upgrades.
As of June 13, 2025, the stock of Godrej Properties Limited is trading at Rs 2,405.3 on the Indian stock market. The stock has reached a 52-week high of Rs 3,381.75 and a 52-week low of Rs 1,926.15. While the 1-year return stands at -19.77 per cent, the 3-year return remains robust at 100.83 per cent.
Godrej Properties, the real estate arm of the diversified Godrej Group, was established in 1990. The company follows an asset-light business model and has emerged as the largest real estate developer in India by the number of homes sold in FY23. GPL has delivered nearly 41 million square feet of real estate since FY18 and has 99 projects across India, encompassing a total developable area of around 215 million square feet.
Committed to sustainable growth, all of Godrej Properties’ projects are third-party certified green buildings. The company was recently named Developer of the Year at the GRI India Awards 2024. GPL’s focus areas include leveraging the Godrej Group’s extensive land holdings, increasing market share in top Indian cities, and delivering long-term value to shareholders.
The company has a market capitalization of Rs 72,444 crore and a Price-Earnings (PE) ratio of 48.05. Its major public shareholder, Godrej & Boyce Mfg Co Ltd, holds a 3.54 per cent stake. The firm has consistently stayed active with new launches, and while there have been no recent announcements related to dividends, bonuses, or rights issues, investor interest remains due to its strategic land acquisitions and execution record.
Disclaimer: The article is for informational purposes only and not investment advice.
Frequently Asked Questions
What is the size of the new residential project by Godrej Properties in East Bengaluru?
The new residential project by Godrej Properties in East Bengaluru spans a 14-acre land parcel and is expected to offer approximately 1.5 million square feet of saleable area.
Where is the new project located?
The new project is located in Hoskote, East Bengaluru, near key employment hubs such as Whitefield and ITPL.
What is the estimated revenue potential from this project?
The estimated revenue potential from the new project is Rs 1,500 crore.
How does Godrej Properties ensure sustainable growth in its projects?
Godrej Properties ensures sustainable growth by making all of its projects third-party certified green buildings, aligning with their commitment to environmental responsibility.
What is the market capitalization of Godrej Properties Limited?
The market capitalization of Godrej Properties Limited is Rs 72,444 crore.
Related News Articles
India's Rise to Realty Prominence: A Billion-Dollar Boom
India is accelerating to become the real estate capital of Asia, with a total valuation of Rs 14.2 trillion among the top 100 realty companies.
Maharashtra Cabinet Renames Pune Airport After Sant Tukaram Maharaj
The Maharashtra Cabinet has approved a proposal to rename Pune airport after the 17th-century Warkari saint and poet, Sant Tukaram Maharaj.
The Downfall of Real Estate Moguls: Alexander Brothers Arrested in Miami
In a shocking turn of events, the renowned real estate moguls, the Alexander Brothers, were recently arrested in Miami. This news has sent ripples through the business community, leaving many to wonder what led to their downfall.
Luxury Homes, Toxic Air: The Urban Pollution Paradox in India
Nithin Kamath, a prominent real estate analyst, highlights the growing concern of urban pollution in major Indian cities like Delhi, Mumbai, and Bengaluru. Despite seeing a surge in luxury real estate, these cities struggle with alarming levels of air pol
Tragic Incident: Two Workers Killed, One Injured as Slab Collapses in Chikhla Mines
A devastating slab collapse in the Chikhla mines of Manganese Ore (India) has resulted in the death of two workers and left one injured. The incident has raised serious concerns about safety protocols in the mining industry.
Women Home Buyers Witness 14% Surge in 2024: Report
A recent report by Square Yards, titled 'Key Holders of Change - Women Driving Real Estate Growth and Transformation,' reveals a significant 14% increase in women homebuyers in 2024.