HomeLatestGodrej Properties Acquires 30 Acre Bengaluru Plot For Large Township Development

Godrej Properties Acquires 30 Acre Bengaluru Plot For Large Township Development

A major real estate expansion is underway in South Bengaluru as a leading property developer has acquired a 30-acre land parcel to create a large integrated township with an estimated development value of around ₹3,500 crore. The purchase strengthens the company’s growing footprint in Bengaluru’s high-demand residential market, where the shift towards mixed-use, sustainable, and community-oriented housing formats continues to accelerate.

According to information shared through a regulatory filing, the developer has recently supplemented its earlier land investments by securing an additional 3.8-acre plot adjacent to its existing holding. Industry analysts noted that the combined land bank significantly enhances development potential, supported by increased floor-space index (FSI) allowances that enable a master-planned residential community across the full 30 acres. The expanded development potential is now expected to cross 3 million sq ft of built-up area, far higher than earlier projections. A senior company representative said the larger holding provides the scale needed to design a premium township focused on integrated living, with more room for green mobility corridors, open spaces, and essential urban amenities. These elements, they added, are increasingly important as cities look to reduce carbon impact and promote resident well-being.

This is the second major land acquisition the company has completed in Bengaluru in recent months. In October, it secured a 26-acre plot in Sarjapur, estimated to generate about ₹1,100 crore in revenue. With the latest transaction unlocking an additional ₹2,400 crore worth of development value, the portfolio expansion reinforces Bengaluru’s position as one of India’s most resilient and fast-growing residential markets, driven by strong IT-led employment and rising demand for organised housing. Urban planners say large-scale township projects have renewed relevance as Indian cities attempt to address infrastructure pressure, fragmented land use, and uneven service distribution. A well-designed township, they argue, can offer residents access to mobility, social facilities, and green infrastructure within walkable distances—key components of sustainable urban development. They caution, however, that township developers must prioritise inclusive planning and environmentally responsible construction to avoid replicating car-dependent or resource-intensive patterns seen in earlier decades.

Sector experts also observed that premium housing demand has remained resilient despite macroeconomic volatility. Integrated communities, they said, appeal to homebuyers seeking security, reliable amenities, and long-term asset value, particularly in high-growth urban corridors like South Bengaluru. The company has indicated that sustainability will be central to the township’s design, emphasising energy-efficient buildings, open spaces, and community-focused planning. While detailed project timelines have not yet been released, the developer noted that the site’s scale enables a holistic approach to residential living—an approach gaining traction as Indian cities shift towards greener, more inclusive development models.

Godrej Properties Acquires 30 Acre Bengaluru Plot For Large Township Development
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Mumbai Sees Renewed Redevelopment Hope After MHADA Concludes Hearings For 935 Projects

Mumbai Sees Renewed Redevelopment Hope After MHADA Concludes Hearings For 935 Projects

0
Mumbai’s long-pending cessed building redevelopment cycle may be edging towards resolution as the state housing authority has completed hearings for 935 stalled projects, raising...
PMAY Progress Stalls At 1.99 Percent As Only 4782 Houses Completed

PMAY Progress Stalls At 1.99 Percent As Only 4782 Houses Completed

0
Nanded’s rural housing programme under the second phase of the Prime Minister Awas Yojana (PMAY–Gramin) is facing significant implementation hurdles, with the district completing...
Mumbai Cluster Redevelopment Gets Full Registration Fee Waiver For 400–600 Sq Ft Homes

Mumbai Cluster Redevelopment Gets Full Registration Fee Waiver For 400–600 Sq Ft Homes

0
Mumbai’s cluster redevelopment programme received a significant policy boost this week as the state government approved a full waiver of registration fees for new...
Maharashtra Scraps Resident Consent Rule For Redeveloping Large MHADA Colonies Exceeding 20 Acres

Maharashtra Scraps Resident Consent Rule For Redeveloping Large MHADA Colonies Exceeding 20 Acres

0
Mumbai’s housing landscape is set for a significant shift as the state government has approved a new policy enabling the integrated redevelopment of large...
Mumbai Tata Motors PV Shares Trade 360 With High Volume And Strong Performance

Mumbai Tata Motors PV Shares Trade 360 With High Volume And Strong Performance

0
Mumbai-based Tata Motors Passenger Vehicles (PV) continues to attract market attention as its shares trade at ₹360.1, reflecting a market capitalisation of ₹1.32 lakh...