CommercialLatest Stories

Concorde Invests ₹125 Crore to Develop Mayfair Commercial Block

NEW DELHI: Concorde, based in Bengaluru, has made a ₹125 crore investment to establish a commercial block at Concorde Mayfair, an integrated development positioned on Bellary Road in Yelahanka. Covering a super built-up area of about 2.51 lakh sq ft, this commercial block is projected to generate annual revenues of approximately ₹30 crore from operations. The structure features retail space on the ground and first floors, while the second to tenth floors will be occupied by office spaces. Additionally, there are dedicated parking facilities in two basements. The company unveiled Concorde Mayfair in June 2024, which spans 3.35 acres and…

IndustryLatest Stories

Concorde to co-develop 2.16 acres of residential project in East Bengaluru

Representative image created by AI NEW DELHI: Concorde has announced a joint development for a high-rise residential project named Concorde Élevé, located on Old Madras Road (OMR) in East Bengaluru. The project offers a development potential of approximately 3.2 lakh sq ft and is estimated to have a gross development value (GDV) of ₹475 crore. Spanning 2.16 acres, it will consist of 136 units available in 3 and 4 BHK configurations. The tower is set to reach 36 floors with four units per floor, while maintaining an overall open space of 70%, as per company details. The development plans include…