Concorde Announces New Project in Bengaluru, Targeting ₹450 Crore in Revenue
Concorde, a Bengaluru-based real estate developer, has announced the launch of Concorde NEO, a new residential project strategically located on a 4.02-acre plot on Thanisandra Main Road in North Bengaluru. This project is designed to cater to the growing demand for modern housing in one of the city's most dynamic areas, leveraging Bengaluru’s reputation as an IT and residential hub. With an estimated revenue potential of ₹450 crore, Concorde NEO represents a significant expansion into North Bengaluru, where the real estate market continues to flourish due to the area’s rapidly developing infrastructure and proximity to key urban facilities.
Concorde NEO comprises six residential towers housing a total of 424 apartments, with configurations available in both two and three BHK units. This extensive development includes two basement levels for parking, a multi-level clubhouse spanning 7,000 square feet, and an expansive 2,000 square feet open terrace, providing residents with ample recreational space and modern amenities. The project is crafted to maximize open spaces, with 78% of the area dedicated to green landscapes and outdoor facilities, ensuring a tranquil and spacious environment for residents. More than 40 amenities are available, including indoor and outdoor sports facilities, wellness centers, and recreational zones, designed to foster a community-oriented lifestyle.
The location of Concorde NEO on Thanisandra Main Road offers excellent connectivity to major parts of Bengaluru, making it an attractive option for potential homebuyers. Located within a 20-minute drive to Kempegowda International Airport via New Airport Road and the Outer Ring Road, the project ensures easy access for frequent travelers and those commuting to East Bengaluru or the city center. Additionally, the project benefits from proximity to two metro stations. Yelahanka Metro Station, on the Blue Line, is about a 15-minute drive away, while Nagawara Metro Station, where the Blue and Pink Lines intersect, is reachable within approximately 12 minutes. This connectivity to the city’s metro network enhances residents’ ability to access various parts of Bengaluru efficiently, promoting a convenient and well-connected urban lifestyle.
Concorde NEO’s design focuses on delivering an exclusive residential community with a blend of modern architectural design and premium amenities. With a commitment to high-quality construction, Concorde aims to address the needs of families seeking a secure, comfortable, and modern living experience. The project’s emphasis on open spaces, coupled with the provision of a large clubhouse and terrace, ensures that residents have access to recreational spaces and social interaction areas within the complex itself.
Concorde’s venture into North Bengaluru aligns with its broader portfolio, which spans over 25 million square feet in completed projects, with an additional 6 million square feet under various stages of development. The developer’s presence across both commercial and residential segments in Bengaluru further solidifies its reputation as a trusted name in the real estate industry, consistently delivering projects that meet the demands of a diverse clientele.
The launch of Concorde NEO marks a significant step for Concorde in its expansion plans within the Bengaluru real estate market.
