Overview

• Godrej Properties confirmed the acquisition of a 26-acre parcel in South Bengaluru near Sarjapur Road to develop a premium residential project with an estimated revenue potential of about ₹1,100 crore.
• The company did not disclose the seller or the transaction value in its filing.
• Management cited sustained demand in the Sarjapur Road corridor, noting proximity to employment hubs such as Whitefield, Outer Ring Road, and Electronic City.
• The developer highlighted its existing South Bengaluru footprint, referencing projects like Godrej Park Retreat and Godrej Lakeside Orchards, alongside recent 2025 moves in Doddaballapur and Hyderabad.
• Following the announcement, the stock gained during trading, hitting an intraday high near ₹2,145, up roughly 3.7%.