Godrej Properties Bolsters Growth with Strategic Land Acquisitions in Pune and Bengaluru

(Godrej Properties) is accelerating its real estate expansion through strategic land acquisitions in Pune and Bengaluru, unlocking significant revenue potential. The company has acquired a 16-acre plot in Upper Kharadi, Pune, to develop a premium residential project with high-street retail spaces. The site offers around 2.5 million sq ft of developable area and is expected to generate ₹3,100 crore in revenue. This follows another acquisition in the same region for a project with an estimated revenue of ₹4,200 crore, based on 3.7 million sq ft. Upper Kharadi’s strong connectivity and proximity to IT hubs like Viman Nagar and Magarpatta make it a prime location for growth. In Bengaluru, Godrej plans to develop a 14-acre residential project in Hoskote with 1.5 million sq ft of saleable area and a revenue potential of ₹1,500 crore. This adds to the company’s growing presence in East Bengaluru. With combined revenue potential exceeding ₹8,800 crore, these moves position Godrej well for sustained growth in key urban markets.