Godrej Properties Limited (GPL) has acquired a ~20-acre land parcel in East Bengaluru, where it plans to develop a premium residential project with an estimated revenue potential of around ?1,350 crore.

The site is located near NH-648 Main Road within the Whitefield growth corridor, a key residential and commercial hub known for its strong presence of technology companies and service-driven employment. Its proximity to the Whitefield–ITPL region, along with connectivity via the NH-648 corridor and nearby metro stations such as Kadugodi and Hopefarm on the Purple Line, enhances accessibility across the city.

The micro-market has seen steady development over the past decade, supported by robust social infrastructure including reputed schools, healthcare facilities, retail hubs, and leisure options. This has led to sustained residential demand across both mid and premium housing segments.

Commenting on the acquisition, Gaurav Pandey, MD & CEO, Godrej Properties, said the company aims to develop a thoughtfully designed residential community that offers convenience, modern amenities, and long-term liveability, in line with evolving homebuyer preferences in Bengaluru.