Godrej Expands in Bengaluru and Raipur with Land Buys

22 Jul 2025 CW Team

Mumbai-based listed developer Godrej Properties Ltd (GPL) has acquired a 48-acre land parcel in Doddaballapur, North Bengaluru, the company announced in a regulatory filing. The upcoming project is expected to offer a development potential of 1.1 million square feet, primarily through plotted residential development.

Located near the upcoming Satellite Town Ring Road (STRR), the land benefits from enhanced connectivity and proximity to Kempegowda International Airport, major industrial zones, and Nandi Hills. Doddaballapur is fast emerging as a sought-after real estate destination in North Bengaluru.

“This investment reinforces our focus on expanding in key growth corridors through well-planned residential communities,” said Gaurav Pandey, Managing Director and CEO of Godrej Properties. He added that the acquisition strengthens the company’s presence in a high-potential micro-market, aligning with its broader strategy for Bengaluru, a priority region.

In addition to this acquisition, GPL has announced its entry into Raipur with the purchase of approximately 50 acres of land for a plotted residential development project, offering an estimated saleable area of 950,000 square feet. The land is located near Old Dhamtari Road, a rapidly developing area with strong connectivity to Central Raipur, the railway station, and Swami Vivekananda Airport.

Earlier in June, the company unveiled plans for a premium residential project in Hoskote, East Bengaluru, on a 14-acre parcel, targeting 1.5 million square feet of saleable area with an estimated revenue potential of Rs 15 billion.

These acquisitions underscore Godrej Properties’ continued focus on expanding in high-growth urban corridors through strategic land investments and premium residential offerings.

Real Estate

04 Sep 2025

Mumbai Records 11,230 Property Deals in August 2025

Mumbai’s property market remained resilient in August 2025, with 11,230 property registrations recorded under the Brihanmumbai Municipal Corporation (BMC) jurisdiction, according to data released by Knight Frank India. While this marks a 3 per cent year-on-year (YoY) decline compared to 11,631 registrations in August 2024, activity stayed robust despite the marginal dip.On a month-on-month (MoM) basis, registrations fell 11 per cent from 12,579 deals in July 2025, indicating seasonal moderation. However, the city’s stamp duty collections still reached Rs 10 billion, reflecting a 6 per cent..

68 Jammu-Katra Trains Cancelled Amid Rain Damage

Jammu and Katra railway services remain severely affected as Northern Railway announced the cancellation of 68 trains—both incoming and outgoing—until 30 September, due to extensive track damage caused by heavy rains and flash floods. Meanwhile, 24 trains are scheduled to resume operations gradually.The Jammu railway division has experienced a complete halt in services for the past eight days, following track misalignment and breaches at several points along the Pathankot–Jammu section. Torrential rainfall since 26 August led to widespread flooding and damage, stranding hundreds of passe..

Bangalore Metro MD Reviews Reach 6 and Phase 2A Progress

Bangalore Metro Rail Corporation Limited (BMRCL) Managing Director, Dr J Ravishankar, IAS, conducted inspections of key metro corridors on 29 and 30 August, reviewing the progress of Reach 6 (Pink Line) and Phase 2A (Blue Line).On 30 August, the inspection covered Reach 6, a 21.39-km corridor stretching from Kalena Agrahara to Nagawara, with 18 stations. This stretch is part of Phase 2 of the Bangalore Metro project. Dr Ravishankar assessed the status of civil works, finishing, track laying, and system integration between Kalena Agrahara and MG Road.Earlier, on 29 August, the MD inspected Phas..