This page is created to inform readers about early market trends and developments. We do not claim to represent the official project or hold RERA approval. All information is based on publicly available news and should be verified with the developer once formally announced.
Concorde Group has made a strategic entry into North Bengaluru’s residential market by acquiring 3 acres of prime land in Hennur to develop a high-rise housing project worth ₹500 crore. The project is designed to offer premium 2 BHK and 3 BHK apartments across multiple towers, providing a total saleable built-up area of approximately 4.25 lakh sq ft. North Bengaluru, particularly the Hennur corridor, has emerged as a highly sought-after residential hub due to its proximity to the Outer Ring Road, Manyata Tech Park, KR Puram, and other IT and commercial centers. This makes the location extremely attractive for both homebuyers and investors looking for well-connected urban housing.
The project forms part of Concorde Group’s broader strategy to expand its presence in Bengaluru’s high-demand micro-markets. According to Anil R G, Managing Director of Concorde, the acquisition aligns with the company’s vision of identifying emerging locations that offer strong potential for urban residential growth. The developer emphasizes the creation of a community-centric, premium living environment that combines modern amenities, design excellence, and strategic connectivity.
Concorde Group has a proven track record, having delivered over 26 million sq ft of residential and commercial developments across Bengaluru. Their portfolio includes premium projects that focus on design, sustainability, and high-quality living experiences. By investing in Hennur, the company aims to meet the rising housing demand in North Bengaluru while strengthening its brand presence in the city’s competitive residential market. The project is expected to launch in FY 2026–27, further reinforcing North Bengaluru’s position as a thriving residential corridor with modern urban infrastructure.
Hennur is a locality in North Bangalore, in the state of Karnataka. It is close to the Ring road and the international airport located in Devanahalli. The average buy price in Hennur is Rs. 4870 per square foot and the rent price is Rs. 18500 per month. Some ongoing projects in Hennur are Purva Northern Waves, Shriram Luxor, Purva Palm Beach, Orchid Greens and so on.
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*Disclaimer
This page is created for informational purposes only, based on publicly available news and preliminary market signals. It does not represent any official communication from Concorde Group. We do not claim or offer RERA-registered inventory or commit any sales prior to formal launch. Readers are advised to verify all information independently before making any purchase decisions.
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