Godrej Properties has acquired 10 acres of land in Yelahanka, Bengaluru, with an estimated revenue potential of Rs 2,500 crore.
The project, spanning approximately 1.5 million sq. ft. of saleable area, will primarily consist of premium residential units complemented by high-street retail spaces.
Between 2022 and 2024, real estate firms collectively acquired nearly 6,000 acres of land valued at Rs 90,000 crore for housing and commercial development, according to a report.
News by Rahul Yelligetti.