Godrej Properties Acquires 14-Acre Land in Bangalore's Hoskote for Premium Housing Project

In a major move to expand its footprint in South India, Godrej Properties has acquired a 14-acre land parcel in Hoskote, East Bengaluru. The company plans to develop a premium residential project on this site, with an estimated revenue potential of INR 1,500 crore. As per its regulatory filing, the development will span approximately 1.5 million sq. ft. of saleable area, reinforcing Godrej’s focus on high-demand micro-markets.

Aligning with Growth Strategy in East Bengaluru

This acquisition is in line with Godrej Properties’ strategy to strengthen its presence in East Bengaluru, a region that continues to see a surge in demand for quality housing and community living. The Hoskote micro-market, in particular, is emerging as a residential hotspot due to improving connectivity, infrastructure, and buyer interest in branded real estate developments.

Leadership Speaks on Hoskote's Potential

Commenting on the development, Gaurav Pandey, Managing Director and CEO of Godrej Properties, said, “Hoskote is an important micro-market for us in East Bengaluru. It continues to demonstrate strong demand for high-quality housing and aligns with our vision of developing best-in-class residential communities.” The project is expected to cater to a mix of end-users and investors looking for future-ready residential spaces in one of Bengaluru’s fastest-growing corridors.

Recent Pune Acquisition Strengthens Nationwide Expansion

This announcement follows the firm’s earlier acquisition of a 14-acre land parcel in Pune this month for approximately INR 800 crore, aimed at developing 3.7 million sq. ft. of buildable residential space. These consecutive moves signal the company’s aggressive expansion strategy, targeting high-potential urban centers across India.

Expected Impact on Housing Market and Local Economy

The project in Hoskote is expected to generate employment during its construction phase and contribute significantly to the local economy. It will also enhance the area’s residential profile by offering well-planned living environments, modern amenities, and efficient space utilization — all of which are hallmarks of Godrej Properties' developments.

Key Highlights:

• Godrej Properties acquires 14-acre land in Hoskote, East Bengaluru.

• Estimated project revenue: INR 1,500 crore from 1.5 million sq. ft. saleable area.

• Focus on strengthening presence in East Bengaluru’s growing housing market.

• Gaurav Pandey emphasizes Hoskote's importance as a strategic micro-market.

• Follows another 14-acre land acquisition in Pune worth INR 800 crore.

• Reflects Godrej’s pan-India growth strategy through premium residential projects.

• New development poised to boost local infrastructure and employment.

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