Godrej Properties acquires 26-acre land parcel near Sarjapur Road

The new project is estimated to have a revenue potential of Rs 1,100 crore

Bengaluru: Godrej Properties Limited (GPL), a property developer, on Wednesday announced the acquisition of a prime 26-acre land parcel in South Bengaluru, situated near Sarjapur Road.

The company plans to develop a premium residential project on this land, with an estimated revenue potential of Rs 1,100 crore, the company said in a regulatory filing.

“This acquisition reinforces GPL’s confidence in the Sarjapur Road corridor, further strengthening its presence in a micro-market that has rapidly emerged as one of Bengaluru’s most vibrant residential destinations. Its connectivity to key employment hubs such as Whitefield, Outer Ring Road, and Electronic City, along with good access to high-quality social infrastructure including leading schools, hospitals, retail centers, and leisure avenues has made Sarjapur a preferred choice for discerning homebuyers,” the company said.

The corridor has consistently demonstrated strong market fundamentals and healthy absorption rates.

These indicators reflect not only the area's enduring appeal but also its growth potential within Bengaluru’s dynamic real estate landscape, it said.

In South Bengaluru, GPL has established a good track record with developments such as Godrej Park Retreat and Godrej Lakeside Orchards, both of which have experienced high customer uptake and sustained sales velocity.

Their success reinforces the Sarjapur corridor’s status as a high-demand micro-market and affirms GPL’s consistent ability to craft high-quality residential communities.

Commenting on the acquisition, Gaurav Pandey, MD & CEO, Godrej Properties, said: “As Bengaluru continues to consolidate its position as one of India’s most dynamic real estate markets, the Sarjapur Road corridor stands out as a key growth hub within the city’s evolving urban fabric. The strong performance of our recent projects in this micro-market reflects the depth of demand and the trust customers have in our brand. We remain committed to delivering thoughtfully designed, high-quality developments that enrich lives and create enduring value for all stakeholders.”