Godrej Properties (GPL) has announced the acquisition of 14 Acres of land in Hoskote, East Bengaluru. The estimated revenue potential of this land is 1,500 INR-Crore.
The primary objective of Godrej Properties is to build a high-end residential project in Bengaluru. The development potential of this project is 1.5 Million-SqFt. It is located 5 Km away from National Highway 75 (NH 75). The strategic location of this place offers connectivity to important locations such as Budigere Cross, KR Puram, and the Whitefield micro-market.
Also read: Godrej Properties unveils new residential development in Pune
Godrej Properties is the real estate arm of the Godrej group and a leading national real estate developer. This acquisition further strengthens Godrej Properties’ presence in Bengaluru’s eastern corridor, aligning with its strategy to expand in high-growth urban micro-markets.
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