Godrej Properties Expands in Bengaluru with ₹2,500 Cr Yelahanka Project

Godrej Properties Limited (GPL) has announced the acquisition of ~10 acres of land in Yelahanka, Bengaluru. 

This project is expected to offer a developable potential of around 1.5 million square feet of saleable area, mainly comprising premium residential units and high-street retail. The estimated revenue potential for this development is approximately ₹2,500 crore.

Prime Location with Excellent Connectivity

The acquired land is strategically located along NH-44 in Yelahanka, a rapidly growing real estate hub in North Bengaluru. 

The area offers well-established social and civic infrastructure, including multi-specialty hospitals, shopping complexes, and residential townships. Its proximity to Kempegowda International Airport, the Outer Ring Road (ORR), and major IT hubs make it an attractive destination for homebuyers and investors.

Strengthening GPL’s Presence in Bengaluru

This acquisition further reinforces GPL’s footprint in North Bengaluru and highlights its commitment to delivering high-quality residential developments. With strong connectivity and rising demand, the Yelahanka project is poised to be a landmark development in the region.

Commenting on this development, the MD and CEO of Godrej Properties, Gaurav Pandey, said, “Yelahanka is an important micro market for us, and we are happy to add this land parcel to our portfolio. This will further strengthen our presence in Bengaluru and complement our strategy of deepening our presence in key micro markets across India’s leading cities.”

Conclusion

Godrej Properties’ acquisition in Yelahanka strengthens its presence in North Bengaluru. The project offers premium residential and retail spaces with high growth potential. Its prime location and connectivity make it an attractive real estate investment.

On March 24, 2025, Godrej Properties share price opened at ₹2,199.00, up from its previous close of ₹2,143.95. At 12:53 PM, the share price of Godrej Properties was trading at ₹2,183.00, up by 1.82% on the NSE.

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