Whalesbook
Godrej Properties has acquired approximately 3.8 acres of land in South Bengaluru, a strategic move expected to unlock Rs 2,400 crore in additional revenue and approximately 2 million square feet of development potential. This acquisition, part of a larger ~30-acre project, brings the total estimated revenue potential to Rs 3,500 crore. The company's CEO highlighted strong local demand and the opportunity to create a landmark sustainable community. This follows Godrej Properties' reported 20% year-on-year rise in Q3 net profit and a 64% increase in booking value.