MAIA Estates projects, prices and review
Small Bengaluru developer of high end luxury homes, set up in 2016 with the Manipal Group
Who is MAIA Estates?
In one lineMAIA Estates is a private Bengaluru developer founded by Mayank Ruia in 2016 with the Manipal Group. It builds a small number of luxury apartment projects, mainly in Bengaluru.
Who they are. MAIA Estates was set up in 2016 in partnership with the Manipal Group. It is led by founder and CEO Mayank Ruia, who earlier worked in finance at firms such as Goldman Sachs, UBS and Everstone Capital. It is a private company.
How big they are. It is a boutique builder, which means it does only a few projects at a time. As a private company it does not publish sales figures.
What they build. High end luxury apartments in Bengaluru, such as Pelican Grove and Pelican Gardens on Jakkur Lake in North Bengaluru, 27 Summit off Richmond Road, and The Seven in Basavanagudi. It also has an office project, The Beacon, and a home project in Chennai.
How they are doing now. In November 2025 it raised ₹120 Cr from the investment firm Arnya for The Seven, two 36 storey towers of 4 bedroom and larger homes in Basavanagudi. Building was planned to start in early 2026, with completion expected by 2029.
MAIA Estates key factsUpdated 21 Oct 2026
- Founded
- 2016, Bengaluru
- Run by
- Mayank Ruia (Founder and CEO)
- Partner
- Manipal Group
- Stock listing
- Private company
- Builds
- Luxury apartments
- Main market
- Bengaluru
- Projects on BookNewProperty
- 2 (2 open for sale)
- Homes from
- ₹8.5 Cr
Sources: The Realty Today (12 Nov 2025), MAIA Estates company profile on its careers page (accessed Oct 2026). Project counts and prices are live from BookNewProperty listings.
What changed at MAIA Estates
Prices and stages checked daily · last checkNo price or stage changes in the last few weeks. We will list any change here the day we spot it.
Latest MAIA Estates news
Tracked daily by our news desk- Bengaluru Property Tax Relief Window Ends After March 31; Standard Payment Rules Resume
- MAIA Estates’ ‘The Seven’ Secures RERA Approval in South Bengaluru
- MG Road in Central Bengaluru Resurfaced After Delays, Improving Key City Corridor
- Housing Board Announces Sale of Flats for Lower Income Group in Hyderabad
Why buyers choose MAIA Estates
- Luxury focus. MAIA builds only high end homes, so design and finish are central to every project.
- Known backer. The company was set up with the Manipal Group, a large and well known business group.
- Prime locations. Projects sit in sought after areas like Jakkur Lake, Richmond Road and Basavanagudi.
- Few projects at a time. A small portfolio means management can give each project close attention.
Know before you buy
- Very expensive. Homes are priced in the multi crore luxury range. This is not a builder for first time budget buyers.
- Young company. MAIA started in 2016, so it has fewer finished projects than older builders.
- Private company. There are no public sales or financial results.
- Long build times. Tall luxury towers take years. The Seven is expected to be finished around 2029. Check the RERA possession date.
- High running costs. Luxury buildings often have high maintenance charges. Ask for the full cost sheet.
MAIA Estates projects: new launches, under construction and ready to move
2 of 2 MAIA Estates projects are open for sale. Filter by city, stage, home type and budget.
2 matching projects
No listed project matches that mix yet. Our advisors also track upcoming MAIA Estates launches.
MAIA Estates prices by city (2026)
Starting prices and average price per Sq.Ft. across MAIA Estates projects open for sale, live from our listings.
Live from our listings. "Get prices" means the builder shares prices on request; we will send them to you.
Get the MAIA Estates price report
Live prices straight from developer price sheets, not listing portals.
- Rate per Sq.Ft. and all-in price for each project
- Upcoming launches before they open
- Current offers and payment plans
Where should we send it?
Sent to your phone within 30 minutes, 9 AM to 9 PM.
Should you buy from MAIA Estates?
Our verdict on MAIA Estates
Our verdict. MAIA Estates is a small, design led luxury builder with a strong partner in the Manipal Group and projects in some of Bengaluru's best areas. For buyers in the top price bracket it is worth a look.
The trade-off is a short track record and no public financial results, so look closely at the RERA progress and visit its finished projects.
Good for you if
- You are buying a luxury home in central or North Bengaluru
- You value design and finish over price
- You can wait several years for handover
Think twice if
- First time buyers on a normal budget
- Buyers who want a long track record
- Buyers who want published financial results
Reviewed by Vikash S, 21 Oct 2026. We are a channel partner, so we earn from the builder, never from you.
MAIA Estates FAQs: what buyers ask
How many MAIA Estates projects are there?
We list 2 MAIA Estates projects, and 2 of them are open for sale.
- Under construction: 2
What is the starting price of MAIA Estates projects?
MAIA Estates homes listed with us start from ₹8.5 Cr.
- Bengaluru: from ₹8.5 Cr
- Final prices depend on floor, view and size.
In which cities does MAIA Estates have projects?
MAIA Estates projects we list are in 1 city.
- Bengaluru: 2 projects
Is MAIA Estates a good builder to buy from?
MAIA is a young but well backed luxury builder with projects in prime Bengaluru areas. Check the RERA page and possession date for your project, and visit its finished homes.
Who founded MAIA Estates?
Mayank Ruia founded MAIA Estates in 2016, in partnership with the Manipal Group. He is its CEO.
Is MAIA Estates listed on the stock market?
No. MAIA Estates is a private company.
Are MAIA Estates projects RERA registered?
Every project launched after 2017 must be registered with its state RERA, and we show the number on each project page. If you are offered an EOI before registration, pay only a refundable amount.
What is MAIA Estates known for?
Luxury apartments in Bengaluru, such as Pelican Grove at Jakkur Lake, 27 Summit off Richmond Road and The Seven in Basavanagudi.
Terms on this page, explained simply
- RERA
- The state property regulator. Every new project must register with it and publish its plans, approvals and handover date.
- Pre-launch or EOI
- Booking your interest before RERA registration, usually with a refundable amount, to get early prices.
- Sales bookings
- The value of homes a builder sold in a period. It shows demand, not money already received.
- Listed company
- A company whose shares trade on the stock exchange. It must publish its results every quarter.
- Carpet area
- The usable floor area inside your walls. Builders must state it under RERA.
- Occupancy certificate (OC)
- The approval that a finished building is safe to live in. Ask for it before buying a ready home.
Find the right MAIA Estates home in one call
Our advisors compare live prices, payment plans and handover dates across every MAIA Estates project, then send you the best 3 to 5 matches.