New Launch18 Jul 2025, 06:25 am
Godrej Properties Acquires 48-Acre Land Parcel in Doddaballapur, Bengaluru for ~ 1.1 Million Square Feet Residential Plotted Development
AI Summary
Godrej Properties Ltd. (GPL) has announced the acquisition of a 48-acre land parcel in Doddaballapur, North Bengaluru, through outright purchase. The land, located near the Satellite Town Ring Road (STRR), has a development potential of approximately 1.1 million square feet of residential plotted development. Doddaballapur is rapidly gaining prominence as a real estate hotspot in North Bengaluru due to its good connectivity to Kempegowda International Airport, the development of STRR, significant industrial investments, and scenic attractions like Nandi Hills in the vicinity.
Key Highlights
- Godrej Properties acquires a 48-acre land parcel in Doddaballapur, North Bengaluru
- The land is strategically located near the Satellite Town Ring Road (STRR)
- The development on this land will primarily comprise plotted units with a development potential of ~ 1.1 million square feet
- Doddaballapur is gaining prominence as a real estate hotspot in North Bengaluru
- Godrej Properties continues to expand its presence in key growth corridors with well-planned residential communities