Godrej Properties Limited has announced the acquisition of a 20-acre land parcel in East Bengaluru, aiming to develop a premium residential project with an estimated revenue potential of ₹1,350 crore, as per the exchange filings.
The land parcel is strategically located near NH-648 Main Road within the Whitefield growth corridor, a prominent hub for technology firms and service-led employment.
Its proximity to the Whitefield–ITPL region and access to the NH-648 corridor facilitate convenient mobility across East and South Bengaluru.
The location benefits from operational metro stations at Kadugodi and Hopefarm on the Purple Line, enhancing accessibility to key parts of the city.
Over the past decade, this micro-market has matured with the development of a strong social infrastructure, including reputed schools, healthcare facilities, retail destinations, and leisure avenues.
Residential demand in this area has remained stable, driven by consistent end-user interest across mid and premium housing categories.
This acquisition aligns with Godrej Properties' strategy to cater to the growing demand for thoughtfully designed communities that offer convenience and holistic amenities.
Read More: Godrej Properties Enters Coimbatore with 44-Acre Residential Project!
Gaurav Pandey, MD & CEO of Godrej Properties, emphasised the company's commitment to creating developments that bring together quality design, functionality, and an enhanced living experience for customers.
This acquisition allows Godrej Properties to plan a residential project that aligns with these expectations.
Godrej Properties combines a 129-year legacy of excellence and trust with a commitment to cutting-edge design, technology, and sustainability.
In FY 2025, the company retained its position as India’s largest developer by the value of residential sales achieved. Godrej Properties continues to focus on sustainable development, with all developments being third-party certified green buildings.
As of March 18, 2026, at 10:00 AM, Godrej Properties share price on NSE was trading at ₹1,596.40 up by 0.77% from the previous closing price.
The acquisition of the 20-acre land parcel near Whitefield, Bengaluru, marks a significant step for Godrej Properties in expanding its presence in one of the city’s most active residential micro-markets. This move aligns with the company's strategy to meet the growing demand for premium residential projects in Bengaluru.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 18, 2026, 10:10 AM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN