Godrej Properties Acquires 14-Acre Land Parcel in East Bengaluru's Hoskote for ₹1500 Crore Residential Project

Godrej Properties, one of India’s leading real estate developers, has acquired a strategically located 14-acre land parcel in Hoskote, East Bengaluru, for a premium residential development. With an estimated revenue potential of approximately ₹1,500 crore, this acquisition further strengthens the company’s foothold in the high-demand Bengaluru residential market.

Also read :Bangalore real estate boom

Key Points

• Location: Hoskote, East Bengaluru

• Land Size: 14 acres

• Proposed Development: Premium residential housing

• Saleable Area: ~1.5 million sq. ft.

• Estimated Revenue: ₹1,500 crore

• Developer: Godrej Properties Limited (GPL)

Strategic Importance of Hoskote

Hoskote is rapidly emerging as one of East Bengaluru’s most sought-after micro-markets. With close proximity to Whitefield, ITPL, and the upcoming Aerospace Park, the area is well-connected via NH-75 and enjoys seamless access to KR Puram and Budigere Cross. The locality is experiencing increased residential demand owing to infrastructure growth and affordability compared to core city areas.

Company Statement

Gaurav Pandey, MD & CEO of Godrej Properties, stated:

“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.”

Godrej’s Expansion Plans

This move is part of a broader growth strategy by Godrej Properties, which has been aggressively acquiring land in high-potential urban centers. Earlier this month, GPL secured a 14-acre project in Pune targeting ₹4,200 crore in revenue. In FY 2024–25, the company added 14 new land parcels across India, aiming to unlock ₹26,500 crore worth of development value.

Conclusion

Godrej Properties’ latest acquisition reflects its long-term bullish stance on Bengaluru’s residential real estate market. The Hoskote project will not only cater to growing urban housing needs but also reaffirm Godrej’s position as a key player in East Bengaluru’s development story. With connectivity, affordability, and infrastructure working in its favor, Hoskote is poised to be a future-ready residential hub.

Source: Economic Times

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