News
Godrej Properties to develop a 33-acre project in Bannerghatta Rd, Bengaluru
New Delhi, March 28, 2022: Godrej Properties Ltd. (GPL), today announced that it has entered into an agreement to develop a 33 acres land parcel in the residential micro-market of Bannerghatta Road in South Bengaluru. The agreement is for an outright purchase with ~5% area share to the landowners.
Mohit Malhotra, MD & CEO, Godrej Properties, said, “Bannerghatta Road is an important micro – market within Bengaluru and we are happy to add this land parcel to our portfolio. This will further expand our presence in South Bengaluru and fits with our strategy of deepening our presence in key micro markets across India’s leading cities.”
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