NEW DELHI: Godrej Properties (GPL) will develop a premium residential project on 14-acre land parcel in Hoskote, East Bengaluru.
The proposed development is expected to offer approximately 1.5 million sq ft of saleable area with an estimated revenue potential of ₹1,500 crore.
The company recently acquired 14-acre land parcel in Kharadi-Wagholi, Pune. The development on this land will comprise primarily premium group housing.
The project will have a developable potential of 3.7 million sq ft with an estimated revenue potential of ₹4,200 crore.
In FY26, GPL plans to grow residential bookings to over ₹32,500 crore, a 20% growth over its FY25 guidance through the launch of over ₹40,000 crores of inventory combined with sales.