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Concorde Launches Concorde Antares 7 Lakh Sq.Ft. Development With A Gdv Of Rs 525cr In North Bangalore
The first launch from the trajectory of its 2 years expansion plan of 1200 Cr.
Bangalore 23rd January 2024: Concorde, a leading Bangalore based real estate developer, as part of its planned expansion, has launched Concorde Antares, a high-rise lakeside apartment nestled off Yelahanka, Vidyaranyapura, Bangalore with a gross development value of Rs 525cr. Concorde Antares comprises 592 units of 2,3 & 4 BHK apartments and duplex penthouses spread across 7 acres. The project has 5 towers with 16 floors each, boasting of 60+ amenities with an expansive 19,000 sq. Ft. signature clubhouse – Evolve; including Alexa-enabled smart features. Antares stands as a testament to Concorde's commitment to crafting homes that blends modern lifestyle and are community oriented.
“Concorde Antares is the first in a series of our planned expansion that we will undertake in Bengaluru. We are bullish on the residential sector and have set ourselves ambitious targets for the current fiscal. We are actively looking at developing upcoming micro markets in Bengaluru such as Malur, Thannisandra, Sarjapur, Yelahanka, Vidyaranyapura etc. In total we will develop 3.5 mn sq ft with an expected revenue of Rs 1200cr over the next 2 years. Concorde Antares will have all the salient features of a Concorde project and we are confident that our customer-centric design, innovation, and quality construction will redefine modern living spaces in Bangalore, creating significant value for both customers and stakeholders.” said Nesara B.S, Chairman, Concorde.
