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4h ago

Godrej Properties Expands Sarjapur Holding to 30 Acres, Targets Rs 3,500 Crore Township in Bengaluru

Higher FSI across the combined parcel enables integrated master planning that boosts scale, lifting projected returns.

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Overview

  • The company acquired an additional ~3.8-acre parcel in South Bengaluru, taking the site to about 30 acres for a planned residential township.
  • Godrej estimates the combined land offers about 3 million sq ft of development potential with a gross development value of roughly Rs 3,500 crore.
  • The incremental parcel unlocked approximately Rs 2,400 crore in revenue potential and around 2 million sq ft of extra buildable area, per its filing.
  • The firm attributes the enhanced potential to higher FSI across the unified plot, allowing a single master-planned group housing development.
  • The location strengthens Godrej’s presence in the Sarjapur Road corridor, described as well connected to ORR, Whitefield, Bellandur and Electronic City.