+
Godrej Properties expands Bengaluru portfolio with premium projects
Real Estate

Godrej Properties expands Bengaluru portfolio with premium projects

Godrej Properties has expanded its land portfolio in Yeshwanthpur, Bengaluru, with the acquisition of an additional one-acre parcel through an outright purchase. This newly acquired land boasts a potential development area of around 1.40 lakh sq ft, earmarked for the construction of high-end residential apartments.

In a recent transaction, the company secured a four-acre land parcel in Yeshwanthpur through an outright purchase, adding to its development potential. This project is anticipated to yield approximately 0.7 million sq ft of saleable area, primarily featuring upscale residential apartments.

According to the regulatory filing, the overall project, now encompassing about five acres, including the recent one-acre acquisition, holds an estimated revenue potential of Rs 10 billion, with the possibility of increasing to Rs 12.5 billion.

Godrej Properties has expanded its land portfolio in Yeshwanthpur, Bengaluru, with the acquisition of an additional one-acre parcel through an outright purchase. This newly acquired land boasts a potential development area of around 1.40 lakh sq ft, earmarked for the construction of high-end residential apartments. In a recent transaction, the company secured a four-acre land parcel in Yeshwanthpur through an outright purchase, adding to its development potential. This project is anticipated to yield approximately 0.7 million sq ft of saleable area, primarily featuring upscale residential apartments. According to the regulatory filing, the overall project, now encompassing about five acres, including the recent one-acre acquisition, holds an estimated revenue potential of Rs 10 billion, with the possibility of increasing to Rs 12.5 billion.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?