Concorde Acquires 4.5 Acres Land In Bengaluru With Investment of Rs 100 Cr

Concorde, a prominent real estate developer in Bengaluru, has made a major move in the city's property market by acquiring 4.5 acres of prime land in Thanisandra, a sought-after micro market in North Bengaluru. 

The strategic investment of Rs 100 crores marks Concorde's commitment to expanding its footprint in Bengaluru and delivering exceptional residential experiences to its clientele. With plans to develop a landmark residential project on this land parcel, Concorde anticipates a revenue potential of around Rs 400 crores. 

Thanisandra's growing prominence stems from its proximity to IT and business hubs, as well as the Kempegowda International Airport, making it an attractive destination for residential real estate investment.

Anil RG, Managing Director of Concorde, expressed enthusiasm about the project, stating, "This strategic investment aligns with our vision to deliver exceptional residential experiences in Bangalore's most desirable locales. Thanisandra presents a compelling opportunity for us to create a residential development that redefines urban living. With its prime location, excellent connectivity, and burgeoning demand, this project holds immense potential for both investors seeking good rental yield and individuals looking for self-occupancy."

Highlighting Concorde's commitment to innovation and sustainability, Anil RG emphasised the integration of home automation, safety measures, and energy conservation initiatives in the upcoming residential project. He underscored the company's dedication to providing world-class amenities and fostering sustainability through state-of-the-art infrastructure, including sewage treatment plants, rainwater harvesting systems, and solar panels.

Concorde, with over 25 years of experience in the real estate sector, remains dedicated to setting new benchmarks in development driven by innovation, quality, and a customer-centric approach. The company's track record reflects its commitment to delivering value through collaboration and creativity, making it a trusted name in Bengaluru's real estate landscape.