Overview
- The developer disclosed the addition of roughly 3.8 acres in South Bengaluru in a regulatory filing on November 20.
- The incremental parcel unlocks about ₹2,400 crore in revenue potential and roughly 2 million sq ft of buildable area.
- Together with a 26-acre plot bought in October, the holding forms an integrated 30-acre site with total development potential of around 3 million sq ft.
- Godrej cites higher FSI permissibility as the driver for combining the parcels into an integrated group housing township.
- The company says the move strengthens its position in the Sarjapur Road micro-market, which is linked to Outer Ring Road, Whitefield, Bellandur and Electronic City.