Godrej Properties (GPL) is planning to develop a premium residential project on a strategically located around 14-acre land parcel in Hoskote, East Bengaluru. The proposed development is expected to offer around 1.5 million square feet of saleable area with an estimated revenue potential of around Rs 1500 crore.
Building on the success of Godrej Woodscapes, this acquisition further solidifies the company’s continued expansion in East Bengaluru, a region emerging as a key residential and investment corridor due to its rapidly improving infrastructure, access to quality social amenities, and proximity to major employment hubs including Whitefield, ITPL, and the upcoming Aerospace Park.
Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.
| Company Name | CMP |
|---|---|
| Lodha Developers | 885.00 |
| Dilip Buildcon | 453.40 |
| DLF | 606.75 |
| Oberoi Realty | 1737.90 |
| Ahluwalia Contract(I | 874.30 |
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