Godrej Properties has acquired around 48 acre land parcel through outright purchase in the fast-growing micro-market of Doddaballapur, North Bengaluru. This acquisition further solidifies the company’s footprint in North Bengaluru. The land is located in a strategic and highly potential area near the Satellite Town Ring Road (STRR).
The development on this land will primarily comprise plotted units with a development potential of around 1.1 million square feet. Doddaballapur is rapidly gaining prominence as a real estate hotspot in North Bengaluru, driven by good connectivity to Kempegowda International Airport, the development of STRR, significant industrial investments, and scenic attractions like Nandi Hills in the vicinity.
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.
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| Oberoi Realty | 1737.90 |
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