Concorde Bengaluru buys 4.5 acre land for Rs 1 billion
Real Estate

Concorde Bengaluru buys 4.5 acre land for Rs 1 billion

Bengaluru-based real estate developer, Concorde, has announced the acquisition of a 4.5-acre land parcel in Thanisandra, a micro market of North Bengaluru, for a sum of Rs 1 billion. The purpose behind this acquisition is to develop a residential project with potential revenue of Rs 4 billion.

According to the company, Thanisandra's strategic location, in proximity to IT and business hubs as well as the Kempegowda International Airport, makes it an ideal choice for this venture.

Managing director of Concorde, Anil R G, expressed, "This project aligns with our strategic goal of expanding our presence in Bengaluru while offering enhanced services to our customers. It presents itself as a lucrative investment opportunity for rental yield and as a residential option, especially due to its proximity to major IT corridors such as Manyata Tech Park and Whitefield."

Furthermore, he emphasized the company's commitment to home automation, citing it as a pivotal aspect of their safety and energy conservation initiatives.

Concorde, known for its extensive real estate portfolio in Bengaluru, boasting 25 million square feet of developed residential and commercial spaces, is determined to continue its growth trajectory.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Bengaluru-based real estate developer, Concorde, has announced the acquisition of a 4.5-acre land parcel in Thanisandra, a micro market of North Bengaluru, for a sum of Rs 1 billion. The purpose behind this acquisition is to develop a residential project with potential revenue of Rs 4 billion. According to the company, Thanisandra's strategic location, in proximity to IT and business hubs as well as the Kempegowda International Airport, makes it an ideal choice for this venture. Managing director of Concorde, Anil R G, expressed, This project aligns with our strategic goal of expanding our presence in Bengaluru while offering enhanced services to our customers. It presents itself as a lucrative investment opportunity for rental yield and as a residential option, especially due to its proximity to major IT corridors such as Manyata Tech Park and Whitefield. Furthermore, he emphasized the company's commitment to home automation, citing it as a pivotal aspect of their safety and energy conservation initiatives. Concorde, known for its extensive real estate portfolio in Bengaluru, boasting 25 million square feet of developed residential and commercial spaces, is determined to continue its growth trajectory.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000