Godrej Properties Secures 14-Acre Land in Bengaluru for ₹1,500-Crore Housing Project
Godrej Properties Limited (GPL) has announced the acquisition of a 14-acre land parcel in Hoskote, East Bengaluru, for a premium residential project with an estimated revenue potential of ₹1,500 crore. The project is expected to offer around 1.5 million square feet of residential development.
Real EstateBengaluruGodrej PropertiesHousing ProjectEast BengaluruReal EstateJun 16, 2025
In a regulatory filing on June 16, the company informed that it will develop a premium residential project on this strategically located 14-acre land parcel. The proposed development is expected to offer approximately 1.5 million square feet of saleable area with an estimated revenue potential of about ₹1,500 crore.
Building on the success of Godrej Woodscapes, this acquisition further solidifies GPL’s continued expansion in East Bengaluru, a region emerging as a key residential and investment corridor due to its rapidly improving infrastructure, access to quality social amenities, and proximity to major employment hubs, including Whitefield, ITPL, and the upcoming Aerospace Park.
Located approximately 5 km off NH-75, the location enjoys excellent connectivity to key nodes such as Budigere Cross, KR Puram, and the Whitefield micro-market. The area is also witnessing infrastructure upgrades, improved arterial road networks, and the development of adjacent industrial and logistics zones. These improvements are expected to further elevate the appeal of Hoskote as a vibrant and well-connected urban hub, making it a compelling location for future-ready residential communities.
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. We aim to build a high-quality development that creates long-term value for its residents, said Gaurav Pandey, MD and CEO, Godrej Properties.
Godrej Properties has a strong track record in the real estate sector, known for its commitment to quality and innovation. This new project in Hoskote is expected to further enhance the company's position in the Bengaluru real estate market, which has been showing robust growth despite recent economic challenges.
Frequently Asked Questions
What is the total area of the land acquired by Godrej Properties in Hoskote?
Godrej Properties has acquired a 14-acre land parcel in Hoskote, East Bengaluru.
What is the estimated revenue potential of the new housing project?
The estimated revenue potential of the new housing project is ₹1,500 crore.
What is the expected saleable area of the project?
The project is expected to offer approximately 1.5 million square feet of saleable area.
What are the key factors making Hoskote a desirable location for residential projects?
Hoskote is emerging as a key residential and investment corridor due to its rapidly improving infrastructure, access to quality social amenities, and proximity to major employment hubs such as Whitefield, ITPL, and the upcoming Aerospace Park.
Who is the CEO of Godrej Properties?
Gaurav Pandey is the MD and CEO of Godrej Properties.
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