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Godrej Properties to develop 7.5 acres land parcel on Bellary road in Bangalore

15 Mar 2017 Evaluate

Godrej Properties (GPL) will develop a 7.5 acres land parcel on Bellary road (NH-7) in North Bangalore. The company plans to develop a residential housing project of around 75,000 square metres (800,000 square feet).

The project is located in a premium residential area, with close proximity to the commercial and industrial catchment areas of Hebbal, Yeshwantpur, and Devanahalli. It also offers good connectivity to Outer Ring Road, Bangalore International Airport and the Central Business District. The Bellary road micro-market has emerged as one of the fastest growing residential areas of Bangalore with a lot of infrastructure developments and projects coming up in the area.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Godrej Properties is currently developing residential, commercial and township projects spread across approximately 12 million square meters (130 million square feet) in 12 cities.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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