Sanjeevini Group has launched a new luxury residential project—‘The Adwaith’—in Gunjur, East Bengaluru, and expects to generate revenue of approximately Rs 12 billion from the development.

Spread across 8.3 acres, the project will feature 668 high-end units with prices starting from Rs 17 million. The total built-up area is around 1.7 million square feet, and the development will be executed under a joint development model with the landowner, the company said in a statement on Sunday.

Located in a rapidly emerging micromarket, Gunjur offers strong connectivity to the rest of Bengaluru, making it an attractive hub for both homebuyers and investors, said Umesh Gowda H A, Chairman and Founder of Sanjeevini Group.

He added that residential demand has surged post-Covid, driven by pent-up demand and renewed interest in home ownership.

Since its inception in 2010, Sanjeevini Group has delivered over 1.5 million square feet of residential, commercial, and mixed-use developments in Bengaluru. The company also has more than 3 million square feet of upcoming projects in its pipeline, including this latest launch at Gunjur.

The project is expected to further cement Sanjeevini’s presence in the premium housing segment of Bengaluru’s thriving real estate market.