Up next
Tags

Godrej Properties Ltd, today announced that it has acquired a land parcel that is strategically located in the immediate vicinity of Indiranagar and is close to the Old Airport Road and within the Outer Ring Road limits.

Spread across approximately 7-acres, the project is estimated to have a developable potential of approximately 0.6 million square feet of saleable area and will be developed as a premium residential project comprising apartments of various configurations.

In addition, the land is in close proximity to major office spaces in CBD-Bengaluru, commercial catchments of Old Airport Road, Outer Ring Road – Whitefield, and Sarjapur belt along with residential hubs such as Indiranagar, Marathahalli, and Domlur.

Mohit Malhotra, MD & CEO, Godrej Properties, said, “Availability of land parcels and infrastructure development has turned Bengaluru into a mature real estate market with increased demand for high-end residential development. Indiranagar is an important micro market for us and we are happy to add this land parcel to our portfolio. This will further strengthen our presence in Bengaluru and complement our strategy of deepening our presence in key micro markets across India’s leading cities.”

Also Read: Godrej Properties acquires land for a luxury residential project at Carmichael Road

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like
Raju Shetti

Farmer Leader Raju Shetti Secures ₹1.20 Crore MHADA House Before Lottery Results

Farmer leader Raju Shetti has won a ₹1.20 crore MHADA flat in Powai as the only applicant under the MP/MLA/MLC quota. The results of the lottery for 2,030 homes will be revealed on Tuesday.
Nifty Realty faces its second straight session of pressure on June 9 as Brent crude climbs above $96 and geopolitical risk from West Asia keeps markets on edge.

🏗️ Realty Stocks Open Steady as Markets Kick Off; Sector Awaits Intraday Momentum

Realty stocks opened on a flat-to-mildly positive note, with large developers providing early support while mid-caps remained mixed. The sector appears range-bound as markets await fresh triggers through the day.

Maharashtra Government Announces Affordable Housing Scheme for 5,000 Dabbawalas

The Maharashtra government has announced an affordable housing scheme to provide 5,000 dabbawalas with homes under PMAY. The project, located on a 46-acre site in Thane, will feature 500 sq ft homes costing up to ₹25 lakh. MHADA will oversee the development, and the state government is considering a reduction in prices following requests from the dabbawalas.
In a ruling that empowers dissenting flat owners, Bombay High Court refuses to appoint arbitrator against a Mulund resident who never signed the redevelopment deal — builders can't force private arbitration if you say no from day one.

Bombay High Court Halts Mumbai Society Redevelopment, Upholds Homebuyer’s Claim to Extra 900 Sq Ft Space: A Must-Read for Flat Owners Facing Rebuilds

In a boost for Mumbai homebuyers with historical property rights, the Bombay High Court has temporarily stopped a Bandra society’s redevelopment plans, enforcing a 31-year-old covenant granting a flat owner extra 900 sq ft space. The case highlights the enduring power of old deeds in modern rebuilds.