Godrej Buys More Land In Bengaluru For Rs 2.4 Billion Project

21 Nov 2025 CW Team

Godrej Properties has acquired an additional 3.8-acre land parcel in South Bengaluru, a move that could unlock around Rs 2.4 billion in revenue and add nearly 2 million sq ft of development area. With this purchase, the company will now develop a premium residential community across a combined landholding of about 30 acres.

In October, the developer bought a 26-acre plot in Sarjapur, Bengaluru, for a housing project expected to generate Rs 1.1 billion in revenue. Together, the expanded project is projected to yield around Rs 3.5 billion in revenue and offer approximately 3 million sq ft of developable space.

In its regulatory filing on Monday, Godrej Properties said the higher floor space index (FSI) across the integrated parcel will enable the creation of a master-planned group housing township featuring open spaces, lifestyle amenities and sustainable design elements.

Managing Director and CEO Gaurav Pandey said: “The enhanced potential is largely due to higher FSI permissibility across the entire land parcel, allowing the combined 30 acres to be master planned as an integrated group housing township.”

Shares of Godrej Properties have fallen 23.67 per cent so far this year.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..