Concorde to Invest ₹80 Crore in Bengaluru Housing Project, ₹500 Crore GDV Expected

Bengaluru, August 28, 2026: Real estate developer Concorde is set to invest around ₹80 crore in Concorde Sienna, a premium residential project on Hennur Road in North Bengaluru.

Spread across 3 acres, the project has a development potential of approximately 4.5 lakh sq ft and is expected to generate a gross development value (GDV) of around ₹500 crore.

260 Premium Apartments Planned

Concorde Sienna will comprise 260 premium apartments across a G+28-storey tower.

Apartment sizes will range from 1,200 sq ft to 1,870 sq ft, targeting buyers seeking larger homes in North Bengaluru.

 

Hennur Road Emerges as a Key Residential Market

The project adds to the growing residential development activity along Hennur Road, where expanding infrastructure and connectivity are supporting demand for premium housing.

The project's scale also reflects developers' continued focus on Bengaluru's established and emerging residential corridors.

What This Means for Homebuyers

The launch gives homebuyers another premium housing option in North Bengaluru, particularly those looking for larger-format apartments.

For investors, the project's location and proximity to Bengaluru's expanding employment and infrastructure corridors could support long-term residential demand, although actual returns will depend on market conditions and project execution.

Grihik Takeaway: Concorde Sienna's ₹500 crore projected GDV highlights the continued strength of Bengaluru's residential market. With 260 apartments planned on Hennur Road, the project adds fresh premium housing supply to one of North Bengaluru's developing corridors.