The new project near Bannerghatta Road will have a developable potential of approximately 3.4 million square feet of saleable area with an estimated revenue of approximately INR 2,000 crore

Stockaid

Godrej Properties , one of India’s leading real estate developers, today announced that it has entered into an agreement to develop a 33 acres land parcel in the residential micro-market of Bannerghatta Road in South Bengaluru. The agreement is for an outright purchase with 5% area share to the landowners.

Bannerghatta Road is one of the established residential locations in South Bengaluru and has excellent connectivity to the Bannerghatta Main Road and the IT/ITES belt in Electronic City. In addition, the site is in close proximity to several other key hubs of the city and offers an extremely well-developed social and civic infrastructure with multiple schools, hospitals, retail, residential, and commercial spaces in close proximity.

Godrej Properties to develop a 33-acre project in Bengaluru