Godrej Properties Sells ₹20 Billion Worth Of Homes At Bengaluru Project Launch

By BasisPoint Insight

June 24, 2025 at 10:41 AM IST

Godrej Properties Ltd. on Monday said it sold homes worth over ₹20 billion during the launch of the first phase of its residential project, 'Barca @ Godrej MSR City', in Devanahalli, Bengaluru.

Launched in April, this was the most successful launch in the North Bengaluru micro-market in terms of both value and volume of sales, the company said in a statement.

Godrej MSR City has a total developable potential of around 5.6 million square feet, with significant inventory yet to be launched, which the company plans to monetise over the coming years. The development is one of the company’s largest in Bengaluru and further strengthens its presence in the city.

“The strong demand reflects growing consumer preference for thoughtfully designed communities that offer a blend of lifestyle, connectivity, and long-term value,” said Gaurav Pandey, managing director and chief executive officer of Godrej Properties.

The Barca phase features Mediterranean-inspired design with green zones, sunlit terraces, and a 150,000 square foot clubhouse. It includes a mix of amenities focused on leisure, wellness, remote working, and community engagement.