Godrej Properties has bought 14 acres of land in Hoskote, East Bengaluru, to build a premium residential project. The company expects this development to generate around ₹1,500 crore in revenue. This move is part of their larger plan to grow across key real estate markets in India.

What the Project Involves

As per a filing made by the company on June 16, 2025:

• Project size: 14 acres of land
• Location: Hoskote, East Bengaluru
• Built-up area: Around 1.5 million square feet of saleable residential space
• Estimated revenue: ₹1,500 crore

Gaurav Pandey, MD and CEO of Godrej Properties, said:

"Hoskote is an important micro market for us in East Bengaluru. It continues to show strong demand for quality housing and matches our goal of building great communities."

Earlier this month, the company also bought 14 acres in Pune to build a residential project, showing its strong focus on growing in top cities.

Why Hoskote? What Makes This Location Special

Hoskote has changed a lot over the past few years. Once known mainly for industries and warehouses, it is now seen as a rising residential area in East Bengaluru.

Better Connectivity

1. The site is located just 5 km from National Highway 75 (NH-75).
2. It's well-connected to KR Puram, Budigere Cross, and Whitefield, all busy parts of the city.
3. It also links to the Outer Ring Road (ORR), helping people travel easily to job hubs.

Close to Work Zones

• Hoskote is not far from important employment areas like Whitefield, ITPL, and the Aerospace Park near Devanahalli.
• With both industrial zones and IT parks nearby, there is a steady need for housing in this area.

Infrastructure is Improving Fast

1. Roads are being widened.
2. New schools, hospitals, and shops are coming up.
3. These changes are making Hoskote a better place to live and invest.

Godrej's Growth in East Bengaluru

This new project adds to Godrej's presence in East Bengaluru, where it already has other successful developments like Godrej Woodscapes near Budigere Cross.

Strong Performance in FY25

According to company data:

1. ₹29,444 crore in sales bookings (31% higher than last year)
2. 15,302 homes sold across 25.73 million sq ft
3. ₹17,047 crore collected in revenue from these sales

This strong performance gives the company confidence to invest more in cities like Bengaluru and Pune.

What This Means for Bengaluru's Real Estate Market

Bengaluru continues to be one of the strongest real estate markets in India.

1. Between April 2024 and March 2025, home prices in the city rose by 8.3%, according to Knight Frank.
2. The city is now ranked 4th in the world for annual price growth in prime housing.
3. More new projects are being launched, especially in premium and luxury segments.

At the same time, finding large, clear-title land parcels in central Bengaluru has become tough. Developers are now turning to areas like Hoskote, where land is more affordable and still well-connected.

What Homebuyers and Investors Should Know
For Buyers:

1. Projects from brands like Godrej usually offer modern amenities, green spaces, and quality homes.
2. If you are looking for a peaceful location near major job areas, Hoskote is worth considering.
3. These new developments also bring better lifestyle options for families.

For Investors:

1. Early buyers could benefit from strong capital appreciation as infrastructure grows.
2. The area's location near IT hubs means there will be steady rental demand.
3. For those looking beyond Whitefield or Sarjapur, Hoskote offers a good mix of value and future growth.

East Bengaluru's Growth Story: A Look at Birla Evara

Not far from Hoskote, Birla Evara on Sarjapur Road is another example of how East Bengaluru is booming. It offers thoughtfully designed homes, modern facilities, and easy access to job hubs. Projects like this show how homebuyers are choosing East Bengaluru for its mix of quality living, strong builder brands, and better prices than central areas.

Final Thoughts

Godrej Properties' land deal in Hoskote shows how developers are planning for the future. With better roads, job opportunities, and rising home demand, Hoskote is quickly turning into a place where more people want to live or invest. This move also proves that East Bengaluru is one of the fastest-growing parts of the city.

If you're a buyer or investor looking for your next opportunity, this part of the city might just be the right place to start.