News
Godrej Properties acquires 20-acre land parcel near Whitefield, Bengaluru
Mumbai, March 18, 2026:
Godrej Properties Limited (GPL) today announced the acquisition of a 20-acre land parcel in East Bengaluru. The company plans to develop a premium residential project on this site with an estimated revenue potential of approximately Rs1,350 crore, further strengthening its presence in one of the city’s most active residential micro-markets, it said in a press release.
The land parcel is located near NH-648 Main Road, situated within the broader Whitefield growth corridor, a well-established residential and commercial zone that has evolved into a prominent hub for technology firms and service-led employment. Its proximity to the Whitefield–ITPL region and access to the NH-648 corridor provide convenient mobility across East and South Bengaluru. The location is also supported by 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. The presence of reputed schools, healthcare facilities, retail destinations, and leisure avenues has contributed to its evolution into a self-sustained urban ecosystem. Residential demand has remained stable, driven by consistent end-user interest across mid and premium housing categories.

Commenting on the acquisition, Gaurav Pandey, MD & CEO, Godrej Properties, said, “Homebuyers in Bengaluru continue to prioritise thoughtfully designed communities that offer convenience, holistic amenities, and long-term liveability. This land parcel allows us to plan a residential project that aligns with these expectations in a location that has shown steady and diverse housing demand. We will endeavour to create a development that brings together quality design, functionality, and an enhanced living experience for our customers.”
-
News3 weeks agoHiranandani Communities Launches Watersports Centre at Premium Coastal Hiranandani Sands, Alibaug Township
-
Guest Column2 weeks agoRetail Trends to Watch Out for in 2026
-
News3 weeks agoStrategic Partnership between Brigade Group, Primus Senior Living to Develop Senior Living Communities
-
News4 weeks agoSambhav Homes Completes 85-acre Land Delivery for ₹600-Cr ESR Hosur Advanced Manufacturing Park
-
News3 weeks agoFY27 Outlook Residential Real Estate: High Base and Affordability Challenges; Tier I Mid-Premium Segment Resilient
-
News4 weeks agoFive Listed Indian REITs Distribute Over ₹2,450 Cr to Unitholders in Q3 FY26: Indian REITs Association
-
News3 weeks agoTARC Marks New Milestone at TARC Kailasa with Grand Tower Launch, New Experience Gallery Reveal
-
Guest Column3 weeks agoTrust-Led, Lifestyle-Focused, Infrastructure-Driven: Punjab’s Real Estate Evolution

