Concorde Acquires 3 Acre in Hennur for Premium High-Rise Project

19 Jun 2025 CW Team

In a strategic expansion move, Concorde has acquired a 3-acre land parcel in Hennur, North Bengaluru, for a premium high-rise residential development. The upcoming project will feature a saleable built-up area of approximately 4.25 lakh sq. ft., with an estimated Gross Development Value (GDV) of Rs 5 billion.

Scheduled for launch in FY 2026–27, the development will offer 2 and 3 BHK premium residences designed to appeal to discerning urban homebuyers seeking elevated, community-centric living in one of the city's fastest-growing corridors.

“This investment underlines our commitment to expand our footprint in the high-demand North Bengaluru corridor, a region that continues to demonstrate robust residential growth. It also aligns with our long-term strategy of identifying emerging micro-markets that offer both connectivity and community potential. Hennur, in particular, has emerged as a sought-after location given its seamless access to key tech parks such as Manyata and Kirloskar, and proximity to Kempegowda International Airport. High-rise living in premium gated communities is the emerging preference in Bengaluru’s real estate landscape and through this project, we aim to fuel this trend by bringing thoughtful design, modern amenities, and high-quality community-centric high-rise living to North Bengaluru,” said Anil R G, Managing Director, Concorde.

Located along the Outer Ring Road (ORR), Hennur offers excellent connectivity to Yeshwanthpur, KR Puram, and other major transit points. The area’s expanding social infrastructure, including prominent schools, hospitals, and lifestyle amenities, has positioned it as a hub for aspirational living.

The project will include a clubhouse, fitness centre, landscaped gardens, temperature-controlled swimming pool, indoor games area, dedicated zones for children and seniors, green open spaces, jogging tracks, and convenience retail—catering to the evolving lifestyle needs of modern families.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..