NEW DELHI: Concorde has acquired a three-acre land parcel in Hennur, North Bengaluru for a high-rise residential development.
“This investment underlines our commitment to expand our footprint in the high-demand North Bengaluru corridor, a region that continues to demonstrate robust residential growth. It also aligns with our long-term strategy of identifying emerging micro-markets that offer both connectivity and community potential,” said Anil R G, managing director of the company.
The project will have a total saleable built-up area of approximately 4.25 lakh sq ft, and a gross development value (GDV) of approximately ₹500 crore.
Set to launch in FY27, the project will feature 2 BHK & 3 BHK residences.