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Realty, Small Cap

Godrej Properties announced that it has sold homes worth over Rs 2,000 crore in its project, Godrej Vanantara, located off Bannerghatta Road, Bengaluru.

Godrej Vanantara is among GPL's largest residential developments in South India, with a developable potential of ~3.53 million sq. ft. and an estimated revenue potential of ~Rs 3,700 crore. Launched in the 1st week of June 2026, Godrej Vanantara has emerged as one of the most successful launches in the South Bengaluru micro-market, with well over 1,000 homes sold in the launch week.

Spanning 36 acres, the development is defined by expansive open spaces, landscaped greens, a 65,000 sq. ft. clubhouse, low-density planning, and over 50 curated lifestyle amenities designed to deliver a distinctive, high-quality living experience in one of Bengaluru's key growth corridors. Bannerghatta Road is fast emerging as a high-potential residential corridor in South Bengaluru, driven by upcoming metro access, proximity to key employment hubs, and increasing preference for well-planned communities that offer a balance of urban convenience and natural surroundings.

Godrej Vanantara is among GPL?s largest residential developments in South India, with a developable potential of approximately 3.53 million square feet and an estimated revenue potential of nearly Rs 3,700 crore.

Launched in the 1st week of June 2026, Godrej Vanantara has emerged as one of the most successful launches in the South Bengaluru micro-market, with well over 1,000 homes sold in the launch week.

Spanning 36 acres, the development is defined by open spaces, landscaped greens, a 65,000 square feet clubhouse, low-density planning, and over 50 lifestyle amenities designed to deliver a distinctive, high-quality living experience in one of Bengaluru?s key growth corridors.

Bannerghatta Road is fast emerging as a high-potential residential corridor in South Bengaluru, driven by upcoming metro access, proximity to key employment hubs, and increasing preference for well-planned communities that offer a balance of urban convenience and natural surroundings.

Gaurav Pandey, MD & CEO, Godrej Properties, said: The response to Godrej Vanantara reflects a clear evolution in customer priorities in South Bengaluru towards homes that deliver better design, liveability, and everyday experience.

At Godrej Properties, we are focused on understanding these shifts and building communities that respond meaningfully to them.

Godrej Properties is a leading national real estate developer. It is a real estate arm of the Godrej Group. The company currently operates in various cities and focuses on residential, commercial, and township development.

The company?s consolidated net profit jumped 70.13% to Rs 649.88 crore on a 41.98% increase in total income to Rs 3,806.65 crore in Q4 FY26 over Q4 FY25.

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Godrej Properties has allotted 18,221 equity shares under Godrej Properties Limited Employees Stock Grant Scheme. Consequently with effect from 01 June 2026, the paid up equity share capital has increased to o Rs.1,50,61,29,810 consisting of 30,12,25,962 equity shares of Rs. 5 each.

The company plans to develop a premium group housing project on the site, comprising residential apartments across multiple configurations. The proposed development is estimated to have a revenue potential of more than Rs 7,000 crore.

The land parcel is located within the DMIC Integrated Township, a 750-acre smart industrial and residential hub featuring plug-and-play infrastructure. The project offers strong connectivity to key transport corridors, including the Eastern Peripheral Expressway, the Noida-Greater Noida Expressway, and the upcoming Noida International Airport at Jewar.

The acquisition further strengthens Godrej Properties? presence in the Greater Noida market, which has emerged as a key residential growth corridor in the National Capital Region (NCR).

The company said it has witnessed strong demand in the region, with two of its project launches in FY26 recording sales bookings of around Rs 1,500 crore each.

Gaurav Pandey, MD & CEO, Godrej Properties, said, ?We are happy to add this new project in Greater Noida to our portfolio. We have witnessed consistent demand for our existing projects in Noida, and we remain bullish on this market. This will further strengthen our development portfolio in NCR (National Capital Region) and fits well with our strategy of deepening our presence in key micro markets across India's leading cities?.

The company?s consolidated net profit jumped 70.13% to Rs 649.88 crore on a 41.98% increase in total income to Rs 3,806.65 crore in Q4 FY26 over Q4 FY25.

Godrej Properties is a leading national real estate developer. It is a real estate arm of the Godrej Group. The company currently operates in various cities and focuses on residential, commercial, and township development.

Shares of Godrej Properties rose 0.62% to Rs 1,775.30 on the BSE.

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