Godrej Properties bets big on Hoskote: CEO calls it key for premium housing

Godrej Properties Ltd is making a significant investment in Hoskote, Bengaluru, by developing a 14-acre premium housing project with an expected revenue of Rs 1,500 crore. The project will offer approximately 1.5 million (15 lakh) square feet of saleable area, underscoring the company’s confidence in the region’s growth potential.

Gaurav Pandey, MD and CEO of Godrej Properties, emphasized the strategic importance of Hoskote, calling it an "important micro market for us in East Bengaluru". He noted that the area continues to show strong demand for high-quality housing, which aligns with the company’s vision of creating best-in-class residential communities.

This move follows Godrej Properties’ recent acquisition of a 14-acre land parcel in Pune for around Rs 800 crore, signaling the company’s aggressive expansion in premium housing markets.

The Hoskote project reflects Godrej Properties’ commitment to tapping into emerging micro markets with robust demand, aiming to deliver upscale living spaces that meet evolving consumer preferences.

"Hoskote is an important micro market for us in East Bengaluru. It continues to demonstrate strong demand for high-quality housing and aligns with our vision of developing best-in-class residential communities," said Gaurav Pandey.

With this development, Godrej Properties is betting big on Hoskote as a key growth corridor, reinforcing its position in the premium housing segment in Bengaluru.

Godrej Properties is investing in a 14-acre premium housing project in Hoskote, Bengaluru, expecting Rs 1,500 crore revenue. CEO Gaurav Pandey highlights Hoskote as a key micro market with strong demand for high-quality homes, aligning with the company’s vision for top-tier residential communities.