Godrej MSR City, a large township in Shettigere, North Bangalore, has quickly caught the eye of both homebuyers and investors since it was launched. In this article, we'll compare how prices have changed from the time of its official launch in April 2025 to the current rates in June 2025. We'll also explain what caused this change and whether it's still a good time to invest.
Godrej MSR City officially launched on April 5, 2025, with bookings beginning a bit earlier, on March 25, 2025. This is important because many buyers had already shown interest during the pre-launch or EOI phase, where they could book early, often with small token amounts and the chance to lock in better prices.
At the time of launch, the average per square foot (PSF) rate was about ₹10,000. Here's how the pricing looked:
Note: Prices varied slightly based on the floor, tower, layout, and view.
Some buyers who booked at the very early pre-launch stage may have got lower rates, close to ₹78–80 lakhs for 2 BHKs. But these prices were limited and quickly moved up after official launch.
Prices in June 2025 haven't changed drastically for most units but there's a slight variation depending on configuration and availability. Here's the latest price range:
So far, Godrej Properties hasn't announced a major official price hike, but sources suggest a 5–10% price bump for select units since April. Ongoing offers (like flexible payment options or locked-in pricing until June 30) might make current prices more appealing.
Several factors explain the rise or stability in prices at Godrej MSR City. Let's break them down:
Bookings began even before launch, and many units were reserved quickly. This strong early demand often leads to small price increases in the first few months.
The project got its RERA approval on April 1, 2025 (RERA ID: PRM/KA/RERA/1250/303/PR/010425/007644), which gave buyers more confidence. Work has also started on-site, including model flats and basic infrastructure.
Shettigere is part of North Bangalore's fast-growing Airport Corridor. It is close to:
With parts of these projects expected to open by 2026, the area is gaining value quickly.
A major highlight is the nearby Foxconn iPhone manufacturing plant, which is nearly complete and expected to create over 40,000 jobs. This has increased real estate demand in Shettigere, especially for rental-friendly, well-planned homes like those in Godrej MSR City.
The Godrej name adds a premium. Buyers trust its quality, planning, and timely delivery. This brand reputation allows its projects to retain value better than others in the same area.
Here's a clear comparison table of launch vs current prices and their percentage growth:
Unit Type | Launch Price (April 2025) | Current Price (June 2025) | Approx. % Increase |
---|---|---|---|
2 BHK | ₹1.18 Cr – ₹1.29 Cr | ₹1.18 Cr – ₹1.60 Cr* | 0% – 25% |
3 BHK (2T) | ₹1.58 Cr – ₹1.62 Cr | ₹1.58 Cr – ₹1.62 Cr* | 0% |
3 BHK (3T) | ₹1.84 Cr – ₹1.87 Cr | ₹1.84 Cr – ₹1.87 Cr* | 0% |
Avg. PSF | ₹10,000 | ₹10,000 – ₹10,100+ | 0% – 1% |
Experts expect Shettigere property rates to grow 8–12% annually over the next 5 years. Since Godrej MSR City is a premium township, it could outperform the average. Some forecasts suggest land rates in Shettigere could reach ₹7,500–₹9,000 per sq. ft. by 2030. (Note: Godrej MSR City is already at ₹10,000+, which reflects its brand premium.)
Rental demand is rising with the job influx. Here's what investors can expect:
Godrej MSR City is ideal for long-term investors. Full possession is planned from March 2030 onwards, and the township will keep adding amenities and value till then. The biggest gains are likely over the next 5–7 years, as the area transforms.
If you're thinking about buying a home or investing in Bangalore's future growth, Godrej MSR City is worth considering. It combines a trusted brand, a fast-growing location, and a well-designed township experience. Prices haven't jumped dramatically yet, but they likely will once more infrastructure opens and later phases are launched at higher rates.
Locking in a unit before the next price revision or before June-end offers expire could be a smart move.
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