With the latest purchase, GPL plans to develop a large-scale premium residential community spread across a consolidated 30-acre land parcel. The overall development is projected to yield ₹3,500 crore in revenue with a total built-up potential of 3 million sq ft. According to the company, the enhanced scale is supported by higher FSI permissibility across the combined landholding, enabling a master-planned group housing township.
GPL said the expanded land bank provides an opportunity to build a holistically designed township, offering ample open spaces, modern lifestyle amenities, and a diversified residential mix focused on sustainability, wellness, and contemporary urban living.
The acquisition strengthens the company’s presence in the Sarjapur Road micro-market, one of Bengaluru’s most active residential corridors. The location offers strong connectivity to major employment hubs—including Outer Ring Road, Whitefield, Bellandur and Electronic City—and access to a mature social ecosystem comprising reputed schools, hospitals, retail avenues and office clusters. These attributes continue to make Sarjapur Road a preferred destination for homebuyers seeking well-connected, high-quality residential options.
Gaurav Pandey, MD & CEO, Godrej Properties, said, “This expansion gives us the opportunity to create a landmark community that reflects our vision for sustainable, integrated living. The strong performance of our projects in this corridor highlights the depth of demand and the confidence customers place in our brand. We will aim to deliver a development that not only meets the aspirations of today’s homebuyers but also sets new standards for design, wellness, and urban planning in Bengaluru.”
Godrej Properties is a leading national real estate developer. It is a real estate arm of the Godrej Group. The company currently operates in various cities and focuses on residential, commercial, and township development.
The company's consolidated net profit jumped 20.84% to Rs 405.08 crore, despite a 32.27% fall in net sales to Rs 470.38 crore in Q2 FY26 over Q2 FY25.
Shares of Godrej Properties shed 0.96% to close at Rs 2130.30 on the BSE.
"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."