Godrej Properties Sets New Benchmark with Rs 2,000 Crore Sales in Bengaluru
Godrej Properties, a leading real estate developer in India, has achieved record sales of Rs 2,000 crore from the first phase launch of Barca @ Godrej MSR City in Devanahalli, Bengaluru. This marks a significant milestone in the North Bengaluru real estate market.
Real EstateGodrej PropertiesBengaluruProperty SalesDevanahalliReal EstateJun 24, 2025
According to the company, this launch is the most successful in the North Bengaluru micro-market in terms of both the value and volume of sales achieved. Godrej MSR City boasts a developable potential of approximately 5.6 million square feet, with a significant amount of unlaunched inventory remaining. The company plans to capitalize on this potential and sell the remaining units in the coming years, further solidifying its position in the Bengaluru real estate market.
Barca @ Godrej MSR City is one of Godrej Properties' largest residential developments and significantly enhances its presence in Bengaluru. Gaurav Pandey, MD and CEO of Godrej Properties, expressed his satisfaction with the project's success. “The strong demand reflects the growing consumer preference for thoughtfully designed communities that offer a blend of lifestyle, connectivity, and long-term value. This success reaffirms our commitment to delivering high-quality developments that resonate with the aspirations of modern homebuyers,” he stated.
Devanahalli, located in the fast-emerging growth corridor of North Bengaluru, has become a major real estate hotspot due to its strategic location and robust infrastructure. The area is in close proximity to Kempegowda International Airport, upcoming metro stations, and arterial routes such as NH 44 and the six-lane Bellary Road. The region is witnessing accelerated development, driven by key infrastructure projects and the presence of IT and aerospace hubs. With access to tech parks, educational institutions, and healthcare facilities, Devanahalli is emerging as one of the most promising destinations for future-ready urban living.
In the stock market, shares of Godrej Properties were trading at Rs 2,404.2 each, up 0.12 per cent on BSE at around 3.02 PM IST, reflecting the positive sentiment among investors regarding the company's performance and future prospects.
Frequently Asked Questions
What is the value of sales achieved by Godrej Properties in the first phase of Barca @ Godrej MSR City?
Godrej Properties achieved sales worth over Rs 2,000 crore in the first phase of Barca @ Godrej MSR City.
Where is the Barca @ Godrej MSR City project located?
The project is located in Devanahalli, North Bengaluru, India.
What is the total developable potential of Godrej MSR City?
Godrej MSR City has a developable potential of approximately 5.6 million square feet.
What factors are contributing to the growth of the Devanahalli real estate market?
The growth of the Devanahalli real estate market is driven by its proximity to Kempegowda International Airport, upcoming metro stations, arterial routes like NH 44 and the six-lane Bellary Road, and the presence of IT and aerospace hubs.
How did the stock market react to Godrej Properties' sales performance?
Shares of Godrej Properties were trading at Rs 2,404.2 each, up 0.12 per cent on BSE, reflecting positive investor sentiment.
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