
Godrej Properties has bolstered its presence in Bengaluru with the acquisition of a 10-acre land parcel in Yelahanka, one of the city’s emerging residential micro-markets. The project, which is to be developed on this 248-acre land, is likely to contribute a revenue of ₹2,500 crore.
The new project will cover around 1.5 million sq ft of saleable area, mostly premium residential units. The project will also feature a high-street retail component that adds convenience and lifestyle options for future residents.
Yelahanka, with its planned infrastructure and connectivity to the city’s main areas, has become a popular choice for real estate investments. The vicinity of Kempegowda International Airport, educational outlets, and tech parks has turned the area into an appealing destination for both homebuyers and investors.
The acquisition comes as momentum builds in India’s real estate market. New data have shown that real estate companies across the country acquired close to 6,000 acres of land with a total valuation of ₹90,000 crore between 2022 and 2024. This upsurge shows the growing demand for housing and commercial developments in cities, especially metropolitan cities like Bengaluru.
Godrej Properties had previously committed to creating long-lasting residential and mixed -use spaces which it continues to do through the latest project in its flagship city. With the emphasis on grabbing considerable land holdings encompassing premium housing projects, the company is well-positioned to capitalize on India’s growing appetite for modern living.
With the property market continuing to expand at a steady pace, such projects help shape the city’s skyline while also providing potential buyers with a mix of luxury, convenience, and future value.
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