Godrej Properties Launches Major 14-Acre Project in East Bengaluru

A New Milestone in Bengaluru’s Real Estate Landscape

Godrej Properties Limited, a titan in India’s real estate sector, has unveiled an ambitious new residential project that promises to reshape the eastern corridor of Bengaluru. Spanning a lush 14-acre parcel in Hoskote, this premium development is set to deliver approximately 1.5 million square feet of saleable living space, with an estimated revenue potential of ₹1,500 crore. This bold move underscores Godrej Properties’ commitment to fueling growth in India’s most dynamic urban centers.

Strategic Location, Boundless Opportunity

Strategically positioned near Whitefield and ITPL—two of Bengaluru’s most vibrant employment hubs—the project is perfectly poised to benefit from the ongoing infrastructure boom in Hoskote. Enhanced connectivity and a surge in demand for high-quality housing make this micro-market a beacon for homebuyers and investors alike.

Gaurav Pandey, MD and CEO of Godrej Properties, shared his vision: “Hoskote is a pivotal micro-market for us in East Bengaluru. The region continues to attract strong demand for superior residential offerings, perfectly aligning with our mission to create best-in-class communities that enrich urban living.”

Building on a Legacy of Excellence

This launch follows the resounding success of Godrej Woodscapes and signals the company’s unwavering dedication to Bengaluru’s eastern corridor. By focusing on high-growth urban clusters, Godrej Properties is addressing the surging demand for modern, well-connected homes in cities undergoing rapid transformation.

Market Performance and Financial Strength

As of June 13, 2025, Godrej Properties Limited’s stock trades at ₹2,405.3, with a 52-week high of ₹3,381.75 and a low of ₹1,926.15. While the one-year return stands at -19.77%, the three-year return remains robust at 100.83%, reflecting the company’s resilience and long-term value creation.

A Pioneer in Sustainable Urban Development

Established in 1990, Godrej Properties is the real estate arm of the illustrious Godrej Group. Renowned for its asset-light model, the company has become India’s largest developer by homes sold in FY23. With nearly 41 million square feet delivered since FY18 and 99 projects across India—totaling a developable area of 215 million square feet—Godrej Properties is a force in the industry.

All of Godrej Properties’ projects are third-party certified green buildings, a testament to its commitment to sustainability. The company was recently honored as Developer of the Year at the GRI India Awards 2024.

Vision for the Future

Godrej Properties continues to leverage the Godrej Group’s extensive land bank, expanding its market share in India’s top cities and delivering enduring value to shareholders. With a market capitalization of ₹72,444 crore and a Price-Earnings (PE) ratio of 48.05, the company remains a favorite among investors. Major public shareholder Godrej & Boyce Mfg Co Ltd holds a 3.54% stake.

Despite no recent announcements regarding dividends, bonuses, or rights issues, investor confidence remains strong, buoyed by strategic land acquisitions and a proven track record of execution.