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Godrej Properties buys four-acre land parcel in Bengaluru

Dated on: Tuesday 9th January 2024

Godrej Properties (GPL) has acquired a four-acre land parcel outright in Yeshwanthpur, Bengaluru. The project is expected to yield approximately 0.7 million sq ft of saleable area, mainly consisting of premium residential apartments. The estimated revenue potential is Rs 1,000 crore, with the possibility to increase to Rs 1,250 crore if an additional 1-acre land is acquired, making it a total of about five acres.

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