Bengaluru-based real estate firm Concorde acquires 4.5 acre land for ₹100 crore
8 months, 3 weeks ago

Bengaluru-based real estate firm Concorde acquires 4.5 acre land for ₹100 crore

Hindustan Times  

Bengaluru-based real estate developer, Concorde, has acquired 4.5 acre land for ₹100 crore in Thanisandra, a micro market of North Bengaluru to develop a residential project with a revenue potential of ₹400 crore. The company plans to develop a residential project on this land parcel with a revenue potential of around ₹400 crores. "This project is part of our plan to expand our footprint in Bengaluru and to provide enhanced offerings to our clientele and will be ideal, both as an investment opportunity for good rental yield as well as for self-occupancy given its proximity to IT corridors of Manyata Tech Park and Whitefield,” said Anil R G, managing director, Concorde. Concorde is a Bengaluru-based real estate developer that has developed 25 million sq ft of residential and commercial real estate space.

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