Godrej Properties Limited — Updates, 22-03-2025: Press Release

Godrej Properties has acquired approximately 10 acres of land in Yelahanka, Bengaluru, which is expected to generate an estimated revenue potential of around INR 2,500 crore. The project will feature approximately 1.5 million square feet of premium residential and high street retail space.

The strategically located land along NH-44 reinforces Godrej Properties’ presence in North Bengaluru, a rapidly developing real estate market known for its proximity to essential infrastructure like the Bengaluru International Airport, major IT hubs, and well-established social amenities. Gaurav Pandey, MD & CEO, expressed that this acquisition aligns with the company's growth strategy, focusing on deepening its market presence in key urban areas. Investors should view this move positively, as it leverages high demand for residential developments in vital micro-markets.