Godrej Properties share price dips 1.34% amid market sell-off. Company reports record ₹2,000 crore sales at Barca @ Godrej MSR City in Bengaluru.
On Monday, Godrej Properties’ share price opened lower on the NSE, tracking a broad-based sell-off in the Indian equity markets due to rising geopolitical tensions. As of 10:09 AM, the stock was trading at ₹2,398.50, down by 1.34%.
Ahead of market hours, the Mumbai-based real estate developer announced a significant milestone. In the first phase of its latest project, Barca @ Godrej MSR City, the company sold over 1,450 homes spanning approximately 2.2 million square feet. This marks the most successful residential project launch in the North Bengaluru micro-market in terms of both value and volume of sales.
Godrej Properties Ltd, one of India’s leading real estate developers, revealed that it sold inventory worth more than ₹2,000 crore during the launch of the first phase of Barca @ Godrej MSR City, located in Devanahalli, Bengaluru. Launched in April 2025, this achievement sets a new benchmark for project launches in the region.
Godrej MSR City offers a total developable potential of around 5.6 million square feet, with a large portion of inventory yet to be launched. This makes it one of GPL’s largest residential projects, significantly enhancing its presence in the Bengaluru real estate market.
Barca @ Godrej MSR City brings a unique blend of Mediterranean-inspired architecture and modern living. It features lush green zones, sun-kissed terraces, and a sprawling 1.5 lakh square feet clubhouse. The project is designed to deliver resort-style amenities and thoughtfully crafted spaces catering to leisure, wellness, work, and community interaction.
Situated in the North Bengaluru growth corridor, Devanahalli is fast emerging as a sought-after residential hub. Its proximity to Kempegowda International Airport, upcoming metro stations, NH 44, and the six-lane Bellary Road make it highly accessible. The area benefits from robust infrastructure development and is close to IT and aerospace hubs, educational institutions, and healthcare facilities—making it ideal for future-ready urban living.
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Godrej Properties is part of the Godrej Industries Group and upholds its legacy of innovation, sustainability, and design excellence. Each development reflects the group’s 128-year legacy of trust and commitment to cutting-edge technology and eco-friendly practices. In FY25, the company maintained its position as India’s largest developer by residential sales value, a feat it also achieved in FY24. Sustainability continues to be a core focus for Godrej Properties in all its developments.
Disclaimer: The article is for informational purposes only and not investment advice.
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