Godrej Properties acquires 48-acre land parcel in Doddaballapur

Doddaballapur is rapidly gaining prominence as a real estate hotspot in North Bengaluru, driven by good connectivity to Kempegowda International Airport, the development of STRR, significant industrial investments, and scenic attractions like Nandi Hills in the vicinity. The plot has a development potential of 1.1 million sq ft.

Bengaluru: Property developer Godrej Properties Ltd. (GPL) has announced the acquisition of a 48-acre land parcel through outright purchase in the fast-growing micro-market of Doddaballapur in North Bengaluru. This acquisition further strengthens GPL’s footprint in North Bengaluru.

The land is located in a strategic and highly potential area near the Satellite Town Ring Road (STRR). The development on this land will primarily comprise plotted units with a development potential of ~ 1.1 million square feet, the company said in a statement.

Doddaballapur is rapidly gaining prominence as a real estate hotspot in North Bengaluru, driven by good connectivity to Kempegowda International Airport, the development of STRR, significant industrial investments, and scenic attractions like Nandi Hills in the vicinity.

Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are pleased to announce the acquisition of this prime land parcel in Doddaballapur, a high-potential micro market in North Bengaluru. This investment reinforces our focus on expanding our presence in key growth corridors through well-planned residential communities. Bengaluru continues to be a priority market for us, and we look forward to creating a development that offers long-term value to its residents.”