Godrej Properties Reports ₹2,000 Cr in Bookings at MSR City Launch

Godrej Properties Ltd has reported strong initial sales at the launch of its latest residential project in North Bengaluru, with bookings crossing ₹2,000 crore in value. The project, branded as Barca @ Godrej MSR City, is located in Devanahalli and marks one of the company’s most successful launches in the Bengaluru market to date.

According to the company, more than 1,450 homes were sold in the first phase, accounting for over 2.2 million square feet of area. The project was launched in April 2025, and the initial response signals both strong buyer sentiment and sustained interest in the North Bengaluru residential market, which has emerged as a preferred destination due to ongoing infrastructure growth and employment hubs.

Spread over a total developable potential of 5.6 million square feet, Godrej MSR City is being developed in phases. The company stated that a significant portion of inventory is still to be launched, indicating further sales potential in the years ahead.

The project includes Mediterranean-inspired architecture with planned open spaces, sunlit terraces, and a 1.5 lakh square feet clubhouse, according to the company. The design approach combines lifestyle-focused amenities with expansive landscaping aimed at attracting both end-users and investors looking for long-term appreciation.

Devanahalli, where the project is located, has gained momentum in recent years due to its strategic location near Kempegowda International Airport, access to National Highway 44, and its connectivity through the six-lane Bellary Road. Additionally, proposed and ongoing metro infrastructure, along with proximity to aerospace and IT hubs, has turned the region into one of Bengaluru’s most active residential corridors.

The area also benefits from the presence of prominent tech parks, educational institutions, and healthcare facilities, which have contributed to steady housing demand among professionals and families alike. The long-term urban planning outlook for Devanahalli, supported by public infrastructure projects, continues to enhance its appeal for both developers and homebuyers.

Commenting on the launch performance, Gaurav Pandey, Managing Director and CEO of Godrej Properties, noted that the success underscores the company’s focus on creating quality living spaces that align with the evolving preferences of homebuyers. He attributed the strong customer response to a mix of design, planning, and timely market execution.

Mr. Pandey also acknowledged the continued support of customers and channel partners, stating that the company is committed to delivering an outstanding living experience at Godrej MSR City.

The Devanahalli project is part of Godrej Properties’ larger growth strategy in South India, with Bengaluru being a key focus city. The company continues to expand its footprint in the region with multiple residential launches lined up across different micro-markets.