Business EconomyPosted at: Jun 16 2025 3:47PM


Godrej to launch Rs 500 crore housing project in Hoskote

Bengaluru, June 16 (UNI) Godrej Properties Ltd (GPL), a leading Indian real estate developer, on Monday announced its foray into Hoskote in East Bengaluru with the acquisition of a strategically located 14-acre land parcel, where it plans to develop a premium residential project.
The upcoming project is estimated to yield approximately 1.5 million square feet of saleable area with an estimated revenue potential of Rs 1,500 crore, the company said in a statement.
This new development builds on the success of Godrej Woodscapes and marks another step in GPL’s aggressive expansion strategy in East Bengaluru, an area that has seen a surge in residential demand due to its improving infrastructure and connectivity.
"Hoskote is an important micro-market for us in East Bengaluru," said Gaurav Pandey, MD and CEO, Godrej Properties. "It continues to demonstrate strong demand for high-quality housing and aligns with our vision of developing best-in-class residential communities. We aim to build a high-quality development that creates long-term value for its residents."
The site is located approximately 5 km from National Highway 75 and is well-connected to key hubs including Budigere Cross, KR Puram, and Whitefield. It is also in proximity to major employment zones such as ITPL and the upcoming Aerospace Park.
The area is currently undergoing significant infrastructure upgrades, including arterial road improvements and industrial zone expansion, further enhancing Hoskote’s profile as a future-ready urban destination.
UNI BDN ARN
Tags: #Godrej to launch Rs 500 crore housing project in Hoskote
More News
Sensex Jumps 677 55 points

Sensex Jumps 677 55 points

16 Jun 2025 | 7:34 PM

Mumbai, Jun 16 (UNI) BSE Sensex on Monday rebounded by 677.55 to close at 81,796.15, after two straight sessions of losses, despite lingering concerns over rising geopolitical tensions between Israel and Iran that continued to impact the global market sentiment.

see more..

Continental Coffee launches Percol in India

16 Jun 2025 | 7:22 PM

Mumbai, June 16 (UNI) CCL Products (India) Ltd, one of India’s leading coffee manufacturers, today announced the launch of Percol, an iconic UK-based premium coffee brand.

see more..

Kottayam-Kochi rubber market rates

16 Jun 2025 | 5:05 PM

Kottayam, June 16 (UNI) Following were the market rates of rubber per quintal announced by the Rubber Board here on Monday.

see more..

String Metaverse secures Canadian Fintech Licence

16 Jun 2025 | 5:02 PM

Hyderabad, June 16 (UNI) String Metaverse Limited, a next-generation digital finance infrastructure Web3 company, on Monday announced it has officially received its Fintech Licence (MSB registration) from FINTRAC Canada, headquartered in Vancouver.

see more..

Rupee up by 2 paise to 86 06 against US dollar

16 Jun 2025 | 4:47 PM

Mumbai, June 16 (UNI) The rupee on Monday appreciated by 2 paise to close at 86.06 against the US dollar amid a strong show at the domestic equity markets, a weakening dollar, and easing of global crude oil prices, traders said.

see more..