Mumbai, July 18 -- "This acquisition further solidifies GPL's footprint in North Bengaluru," the company stated.

The land is located in a strategic and highly potential area near the Satellite Town Ring Road (STRR). The development on this land will primarily comprise plotted units with a development potential of approximately 1.1 million square feet.

Doddaballapur is rapidly gaining prominence as a real estate hotspot in North Bengaluru, driven by good connectivity to Kempegowda International Airport, the development of STRR, significant industrial investments, and scenic attractions like Nandi Hills in the vicinity.

Gaurav Pandey, MD & CEO, Godrej Properties, said: "We are pleased to announce the acquisition of this prime land parcel...