New Launch16 Jun 2025, 07:01 am
Godrej Properties to Develop ~14-acre Land Parcel in Hoskote, Bengaluru with INR 1,500 crore* Revenue Potential
AI Summary
Godrej Properties Limited (GPL) has announced that it will develop a premium residential project on a ~14-acre land parcel in Hoskote, East Bengaluru. The proposed development is expected to offer approximately 1.5 million square feet of saleable area with an estimated revenue potential of ~ INR 1,500 crore*. 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.
Key Highlights
- Godrej Properties to develop a premium residential project on a ~14-acre land parcel in Hoskote, East Bengaluru
- The project is expected to offer approximately 1.5 million square feet of saleable area
- Estimated revenue potential of ~ INR 1,500 crore*
- The location enjoys excellent connectivity to key nodes such as Budigere Cross, KR Puram, and the Whitefield micro-market
- Hoskote is an important micro market for Godrej Properties in East Bengaluru, demonstrating strong demand for high-quality housing