Godrej Properties Launches 1,500 Crore Housing Project in Hoskote, Bengaluru
Godrej Properties has acquired 14 acres of land in Hoskote, East Bengaluru, to develop a premium housing project with an estimated revenue of Rs 1,500 crore. The project aims to offer approximately 1.5 million square feet of saleable area and solidifies the company's expansion in the region.
Godrej PropertiesBengaluruHousing ProjectReal EstateHoskoteReal Estate NewsJun 16, 2025
The company did not disclose the land acquisition cost but highlighted that this acquisition further solidifies its presence in the East Bengaluru market. Gaurav Pandey, MD and CEO of Godrej Properties, stated, “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.”
Earlier this month, Godrej Properties also acquired 14 acres of land in Pune for around Rs 800 crore to develop another housing project. The Pune project is expected to generate a revenue of Rs 4,200 crore and has a developable potential of 3.7 million square feet. These acquisitions underscore the company’s commitment to expanding its footprint in key markets across the country.
Godrej Properties is known for its focus on sustainable and high-quality residential developments. The company has a strong track record of delivering projects that meet the evolving needs of homebuyers. With this new project in Hoskote, Godrej Properties aims to cater to the growing demand for premium residential properties in the region.
The housing market in East Bengaluru has been witnessing significant growth due to its strategic location and connectivity to major commercial and industrial hubs. Hoskote, in particular, has emerged as a preferred location for both first-time buyers and investors. The area offers a blend of tranquility and modern amenities, making it an attractive option for those looking to settle in a serene environment without compromising on accessibility.
Godrej Properties' entry into Hoskote is expected to further boost the local real estate market and attract more developers to the area. The company’s commitment to quality and sustainability is likely to set a new benchmark for residential projects in the region, ensuring that homeowners enjoy a high standard of living.
With the successful launch of this project, Godrej Properties continues to reinforce its position as a leading player in the Indian real estate sector. The company’s strategic acquisitions and development plans are poised to drive growth and innovation in the housing market, benefiting both the company and its stakeholders.
Frequently Asked Questions
What is the estimated revenue potential of the Godrej Properties project in Hoskote?
The Godrej Properties project in Hoskote, East Bengaluru, has an estimated revenue potential of Rs 1,500 crore.
How much land has Godrej Properties acquired in Hoskote for the new project?
Godrej Properties has acquired 14 acres of land in Hoskote, East Bengaluru, for the new housing project.
What is the expected saleable area of the project in Hoskote?
The project in Hoskote is expected to offer approximately 1.5 million square feet of saleable area.
What other major acquisition did Godrej Properties make recently?
Earlier this month, Godrej Properties acquired 14 acres of land in Pune for around Rs 800 crore to develop another housing project.
What is the revenue potential of the Pune project by Godrej Properties?
The Pune project by Godrej Properties is expected to generate a revenue of Rs 4,200 crore.
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