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Concorde to invest INR 80 crore in Bengaluru housing project

#Builders & Projects#Residential#India#Karnataka#Bangalore
Synopsis

Concorde Group is set to invest around INR 80 crore in a new residential development on Hennur Main Road in Bengaluru, adding to the growing premium housing activity in North Bengaluru. The project, named Concorde Sienna, is planned on a more than 3-acre land parcel and will offer 2 BHK and 3 BHK apartments. The development is expected to cater to homebuyers seeking larger homes in a well-connected northern corridor, which has benefited from proximity to employment hubs, airport connectivity and ongoing infrastructure development. The project forms part of Concorde's continued expansion in Bengaluru's residential market.

Concorde Group is planning a new residential project on Hennur Main Road in North Bengaluru, with an investment of around INR 80 crore. The development comes as residential activity continues to expand across the northern parts of the city, supported by infrastructure improvements and growing demand from professionals working across the airport and northern employment corridors.
The project, Concorde Sienna, is planned on a land parcel of more than 3 acres and will comprise a high-rise residential development. The project is expected to offer 2 BHK and 3 BHK apartments, targeting both end-users and buyers looking for homes in one of Bengaluru's expanding residential zones. The Hennur corridor has increasingly attracted residential developers due to its connectivity with key parts of North Bengaluru. Its links towards Hebbal, the Outer Ring Road and Kempegowda International Airport have contributed to the area's emergence as a residential destination, while nearby employment centres are supporting housing demand.
The project is planned as a single high-rise tower with a substantial residential component. Available project details indicate configurations ranging from approximately 1,200 sq ft for 2 BHK homes to larger 3 BHK units of up to around 1,870 sq ft, giving buyers options across different space requirements. The development is also expected to include a range of lifestyle amenities and common facilities. Such features are increasingly becoming an important consideration for buyers in Bengaluru's premium and mid-premium housing segments, particularly as developers compete for demand from urban households seeking integrated residential communities.
The investment comes at a time when North Bengaluru is witnessing increased attention from residential developers. Expansion around the airport corridor, improving road connectivity and the growth of commercial and technology-related activity have supported the development of new housing projects across Hennur, Thanisandra, Hebbal and surrounding areas.
For Concorde, the project represents another addition to its Bengaluru residential portfolio. The developer has been expanding its presence across the city's key growth corridors, with the latest development aimed at tapping demand for premium apartments in an established but rapidly developing part of the city.
The project could also benefit from the broader shift in Bengaluru's residential market towards larger homes. Buyers have increasingly shown interest in 2 BHK and 3 BHK properties offering additional living space, work-from-home areas and lifestyle amenities, particularly in projects located away from the city's most congested central areas.
With Hennur continuing to develop as a residential and connectivity corridor, new projects in the area are likely to compete on location, home sizes, amenities and overall project positioning. Concorde Sienna's progress will therefore add to the growing supply of premium housing options in North Bengaluru.

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