Bhartiya to develop township for $2-bn in Bangalore
Real Estate

Bhartiya to develop township for $2-bn in Bangalore

Bhartiya group decided to develop its integrated township project, Bhartiya City, in phases in Bangalore at a total cost of $2-billion.

The project, to be developed on a 125-acre land, has IT SEZ component as well. The company would develop residential, IT office space, retail and hotel in the first phase.

In the first couple of years, the group plans to take up 3.2 million square feet of residential, 0.6 million IT office space, 0.7 million retail and 0.5 million hotel.

As part of the project, the group has partnered with Leela Group to operate a 300-room hotel. It is learnt that the group will spend Rs 250 crore for hotel construction and the Leela group will manage the hotel titled Leela Bengaluru.

The project is located within the BBMP limits. The township is master planned by Perkins Eastman from New York and architects include Broadway Malyan from the UK/Singapore, RSP-Bangalore and Edifice-Mumbai.

The project is said to be a design-driven innovation applied to real estate project. The whole project is likely to be completed in 8 to 10 years.

It is further learnt that the group has partnered with a few Italian kitchen and furniture makers to provide customised homes at very reasonable prices.

Bhartiya group decided to develop its integrated township project, Bhartiya City, in phases in Bangalore at a total cost of $2-billion. The project, to be developed on a 125-acre land, has IT SEZ component as well. The company would develop residential, IT office space, retail and hotel in the first phase. In the first couple of years, the group plans to take up 3.2 million square feet of residential, 0.6 million IT office space, 0.7 million retail and 0.5 million hotel. As part of the project, the group has partnered with Leela Group to operate a 300-room hotel. It is learnt that the group will spend Rs 250 crore for hotel construction and the Leela group will manage the hotel titled Leela Bengaluru. The project is located within the BBMP limits. The township is master planned by Perkins Eastman from New York and architects include Broadway Malyan from the UK/Singapore, RSP-Bangalore and Edifice-Mumbai. The project is said to be a design-driven innovation applied to real estate project. The whole project is likely to be completed in 8 to 10 years. It is further learnt that the group has partnered with a few Italian kitchen and furniture makers to provide customised homes at very reasonable prices.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement