Bengaluru-based property developer Gopalan Enterprises plans to triple its residential portfolio with the launch of 2 million square feet (MSFT) next year.
The developer currently has 1 msft residential properties in Bengaluru. Looking at the trends in residential real estate, C Prabhakar, director, Gopalan Enterprises, said business Line“The trend we are seeing today is that people are willing to pay not just for affordable housing but also for luxury and comfort. Importantly, they also give importance to statutory compliance. We believe this trend will continue over the next few years, which is why we are expanding our residential portfolio.”
With this expansion, Gopalan Enterprises aims to double its revenue while targeting around ₹500 crore revenue next year.
Apart from residential developments, Gopalan is also focusing on growing its commercial portfolio. The company, which develops office campuses in Bengaluru and Mysuru, plans to launch four new projects in FY26. Its commercial clients include leading names such as TCS, Oracle, Samsung, Groupon, Harman, Alshaya and Medfin.
Established in 1984, Gopalan Enterprises initially focused on construction of individual homes before expanding into residential properties, commercial spaces and various other sectors. Over time, the company has diversified into defence, semiconductor manufacturing, retail, education, aerospace and copper manufacturing.