HomeMarket AnalysisBangaloreConcorde Buys 3 Acres in Hennur for Premium Residental Development

Concorde Buys 3 Acres in Hennur for Premium Residental Development

Bengaluru-based real estate developer Concorde Group has acquired a 3-acre land parcel in Hennur, North Bengaluru, for a high-rise premium residential project. The acquisition marks Concorde’s growing focus on upscale urban living in rapidly developing suburban corridors of the city. Concorde Group has already initiated the pre-development phase, including approvals and master planning.

Located in one of Bengaluru’s fastest-growing micro-markets, the Hennur property will host a high-density residential project with a saleable area of over 5 lakh square feet. The new launch will comprise luxury high-rise towers with a mix of 2, 3, and 4 BHK apartments, catering to upper-middle-class and affluent buyers seeking well-connected yet serene living spaces. Concorde signals its intent to lead Bengaluru’s premium housing market through smart, sustainable, and community-centric developments.

The project is expected to launch by the end of FY 2025, with construction to begin soon after regulatory clearances are secured. Speaking to real estate analysts, senior company officials stated that the location’s proximity to tech corridors like Manyata Tech Park, Hebbal, and the upcoming Peripheral Ring Road adds immense value to the project.

Hennur’s rapid evolution into a prime residential destination has been driven by infrastructure growth, strong connectivity to ORR and the airport, and demand from IT professionals, NRIs, and HNIs. Concorde’s upcoming high-rise project promises to meet this demand with luxury homes, rooftop amenities, EV parking, and sustainable design—positioning it as a forward-looking urban enclave that caters to Bengaluru’s aspirational, eco-conscious homeowners.

Experts view Concorde’s Hennur entry as a strategic response to dwindling land availability in Bengaluru’s core. North Bengaluru is fast emerging as the city’s new real estate frontier, with Hennur at its heart. The area’s appreciation potential and proximity to key employment zones make it ideal for premium investments. Concorde’s presence here could intensify competition among established players like Sobha, Brigade, and Prestige.

As infrastructure expands and demand for lifestyle-focused homes grows, Hennur is poised to become a benchmark for integrated urban living. The project’s success may define Concorde’s growth trajectory in the region and influence the future of high-rise residential planning in North Bengaluru.

Concorde Buys 3 Acres in Hennur for Premium Residental Development
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Mangalam Cement Urges Investors To Convert Paper Shares

Mangalam Cement Urges Investors To Convert Paper Shares

Rajasthan-based Mangalam Cement has told shareholders that a special window is open to transfer and dematerialise physical share certificates bought or sold before April...
Bengaluru Startup Swaps Cement For Steel Plant Slag

Bengaluru Startup Swaps Cement For Steel Plant Slag

A Bengaluru startup is selling building materials that contain no cement, using slag from steel plants instead, in a bid to cut emissions from...
India Cements Director Vote Tests Cement Sector Oversight

India Cements Director Vote Tests Cement Sector Oversight

Shareholders of India Cements have approved a new board member nominated by the Life Insurance Corporation of India, but the ballot exposed a gap...
Puravankara Price Gains Test Urban Homebuyer Budgets

Puravankara Price Gains Test Urban Homebuyer Budgets

Home prices are rising far faster than the space being sold, according to September quarter figures from Puravankara, a developer with projects across nine...
Kolte Patil Turns To Mumbai Redevelopment Projects

Kolte Patil Turns To Mumbai Redevelopment Projects

A Pune developer has posted its strongest quarter on record even as buyers across the city hold back, showing how unevenly the housing slowdown...