New Launch21 Mar 2025, 09:26 pm
Godrej Properties Acquires 10-Acre Land in Yelahanka, Bengaluru with Estimated Revenue Potential of INR 2,500 Crore
AI Summary
Godrej Properties Ltd. has announced the acquisition of approximately 10 acres of land in Yelahanka, Bengaluru on March 21, 2025. The project is estimated to have a developable potential of around 1.5 million square feet of saleable area, primarily consisting of premium residential development and high street retail. The estimated revenue potential of this project is approximately INR 2,500 crore, based on current business assumptions.
Key Highlights
- Godrej Properties has acquired 10 acres of land in Yelahanka, Bengaluru.
- The project has a potential of 1.5 million square feet of saleable area.
- The development will primarily consist of premium residential and high street retail spaces.
- The estimated revenue potential of the project is INR 2,500 crore.
- The acquisition is made on March 21, 2025.