Concorde Buys Land in Hennur for Rs 5 billion Housing Project

25 Jul 2025 CW Team

The upcoming project will comprise thoughtfully designed 2 and 3 BHK residences, catering to urban homebuyers seeking quality, connectivity, and community. It marks Concorde’s continued expansion in the high-demand North Bengaluru corridor.

“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), the site offers smooth access to Yeshwanthpur, KR Puram, and other key transit points in the city. Hennur’s growing social infrastructure—including reputed schools, hospitals, and lifestyle options—has positioned it as a preferred residential destination.

The project will feature a clubhouse, modern fitness centre, landscaped gardens, a temperature-controlled swimming pool, indoor games, and dedicated areas for children and seniors. Jogging tracks, integrated green zones, and convenience retail will further enhance the living experience for contemporary families.

Concorde has acquired a 3-acre land parcel in Hennur, North Bengaluru, for a premium high-rise residential development. With a total saleable built-up area of approximately 4.25 lakh sq ft, the project carries a Gross Development Value (GDV) of around Rs 5 billion and is expected to be launched in FY 2026–27. The upcoming project will comprise thoughtfully designed 2 and 3 BHK residences, catering to urban homebuyers seeking quality, connectivity, and community. It marks Concorde’s continued expansion in the high-demand North Bengaluru corridor. “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), the site offers smooth access to Yeshwanthpur, KR Puram, and other key transit points in the city. Hennur’s growing social infrastructure—including reputed schools, hospitals, and lifestyle options—has positioned it as a preferred residential destination. The project will feature a clubhouse, modern fitness centre, landscaped gardens, a temperature-controlled swimming pool, indoor games, and dedicated areas for children and seniors. Jogging tracks, integrated green zones, and convenience retail will further enhance the living experience for contemporary families.

Infrastructure Transport

20 Aug 2025

Cabinet Clears Rs 15.07 Bn Greenfield Airport Project in Kota-Bundi

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the Airports Authority of India’s (AAI) proposal for the development of a Greenfield Airport at Kota-Bundi, Rajasthan, at an estimated cost of Rs 15.07 billion.Kota, located on the banks of the Chambal River, is widely recognised as the industrial capital of Rajasthan and a prominent educational coaching hub. To support the region’s growing needs, the Government of Rajasthan has handed over 440.06 hectares of land to AAI for the project.The new Greenfield Airport will be designed to handle oper..

Infrastructure Urban

20 Aug 2025

Govt may extend MSME NPA classification period to 180 days

The Union government is considering a proposal to extend the non-performing asset (NPA) classification period for loans to micro, small and medium enterprises (MSMEs) from the existing 90 days to 180 days, according to a senior government official who requested anonymity.“The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon,” the official said.The move is expected to provide relief to cash-strapped MSMEs, especially against the backdrop of steep US tariffs, giving them more time to regularise their loan repayments.Ne..

Infrastructure Urban

20 Aug 2025

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

FedEx has partnered with the Indian Institute of Technology (IIT) Madras to inaugurate the SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) on the institute’s campus. The facility will drive innovation in sustainable and AI-driven logistics solutions. Backed by a five-year $5 million grant from FedEx, the SMART Centre aims to combine advanced research, digital technologies, and industry expertise to transform supply chains with a focus on agility, resilience, and environmental responsibility.The centre will also spearhead interdisciplinary projects in ar..

Concorde Buys Land in Hennur for Rs 5 billion Housing Project

Cabinet Clears Rs 15.07 Bn Greenfield Airport Project in Kota-Bundi

Govt may extend MSME NPA classification period to 180 days

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

Latest Updates

Recommended for you

Advertisement

Subscribe to Our Newsletter

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address

15th RAHSTA EXPO 2025

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address