Godrej Properties Acquires 10 Acres in Bengaluru for ₹2,500 Crore Project

Godrej Properties has acquired approximately 10 acres of land in Yelahanka, Bengaluru, for a project with an estimated revenue potential of ₹2,500 crore (25 billion rupees). This acquisition aligns with the company's strategy to strengthen its presence in key markets. The development is expected to offer premium residential apartments across various configurations. This news follows Godrej Properties' recent strong performance, with Q3FY25 profit jumping 161% to ₹162.64 crore and revenue up 193% to ₹968.88 crore. The company has already achieved 71% of its annual booking guidance for FY25 and remains confident in exceeding its targets.

Source: Compiled from recent company filings and financial reports