Thursday, September 10, 2026
Thursday, September 10, 2026
Home NewsReal EstateConcorde to jointly develop 2.16 acres residential project

Concorde to jointly develop 2.16 acres residential project

by Constro Facilitator
Prestige Estates enters JV with ABIL Group to develop residential project in Versova

Concorde has engaged in a collaborative effort to create a high-rise residential project named Concorde Élevé, located on Old Madras Road (OMR) in East Bengaluru.

This project boasts a development potential of around 3.2 lakh square feet and a gross development value (GDV) estimated at ₹475 crore. Spanning 2.16 acres, the project will feature 136 units available in 3 and 4 BHK configurations.

The tower is designed to reach 36 floors, accommodating four units per floor while maintaining an overall open space of 70%, as stated by the company.

The development will also incorporate a 15,000 square foot clubhouse, retail areas, and a variety of shared amenities.

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