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Concorde Acquires Land in North Bengaluru for Rs 500 Crore High-Rise Residential Project

Concorde Acquires Land in North Bengaluru for Rs 500 Crore High-Rise Residential Project

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Bengaluru, 19 June 2025: Real estate developer Concorde has just revealed its latest move—acquiring a three-acre plot in Hennur, North Bengaluru, to kick off a high-rise residential project. This strategic investment is part of the company’s ongoing expansion into one of the city’s most desirable areas.

“This investment highlights our dedication to growing our presence in the high-demand North Bengaluru corridor, a region that’s showing impressive residential growth,” shared Anil R G, Managing Director of Concorde. “It also fits perfectly with our long-term strategy of pinpointing emerging micro-markets that promise both connectivity and community potential.”

The upcoming project is set to offer around 4.25 lakh square feet of saleable built-up area, with a gross development value (GDV) estimated at ₹500 crore, showcasing the scale and ambition behind this development.

Scheduled to launch in FY27, the project will include a variety of 2 BHK and 3 BHK apartments, addressing the rising demand for premium housing in North Bengaluru. The area has experienced a boom in residential activity lately, thanks to better infrastructure, connectivity, and lifestyle amenities.

With this new development, Concorde aims to solidify its foothold in Bengaluru’s northern corridor, which has become a hot spot for both homebuyers and investors.

Also Read: Prestige Group Predicts 5–7% Price Hike in Mid-Income Housing by FY26

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