Godrej Properties Reported Sales of Over ₹2,000 Crore from Flagship Project

On June 23, 2025, Godrej Properties shares dropped ~1%, reaching a day low of ₹2,390.00 at 1:40 PM, after opening at ₹2,429.30 on BSE. The fall in Godrej Properties shares came after the company announced a record-breaking sales performance with over ₹2,000 crore worth of inventory sold during the launch of the first phase of its flagship project, Barca @ Godrej MSR City, in Devanahalli, North Bengaluru.

About Godrej MSR City

Launched in April 2025, the project has set a new benchmark as the most successful real estate launch in the North Bengaluru micro-market in terms of both sales value and volume. Godrej MSR City spans an impressive developable area of approximately 5.6 million square feet, with substantial inventory yet to be released in future phases, reinforcing GPL’s long-term growth strategy in the region.

Positioned as one of the largest residential ventures by the company, Godrej MSR City marks a significant expansion of its footprint in Bengaluru, a city witnessing rapid urban and infrastructural growth.

Strategically located in the high-growth corridor of Devanahalli, the project benefits from excellent connectivity to Kempegowda International Airport, the upcoming metro network, and arterial roads like NH 44 and the six-lane Bellary Road.

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Management Take on Business Development

Mr. Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are delighted with the response to our project, Godrej MSR City. The strong demand reflects growing consumer preference for thoughtfully designed communities that offer a blend of lifestyle, connectivity, and long-term value.

He further added, “This success reaffirms our commitment to delivering high-quality developments that resonate with the aspirations of modern homebuyers. We would like to take this opportunity to sincerely thank our customers and all stakeholders for their trust and confidence in Godrej Properties. We will do our best to ensure Godrej MSR City offers its residents an outstanding living experience”.

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