MAIA Estates, one of Bengaluru’s leading real estate developers, has secured ₹120 crore in funding from Arnya, a boutique real estate investment firm, to develop The Seven, a premium residential development in Basavanagudi, South Bengaluru. Construction is slated to commence in early 2026, with completion expected by 2029.
Named The Seven to reflect seven elemental principles Earth, Water, Air, Fire, Space, Integrity, and Community, the development is designed for discerning urban residents seeking thoughtful design, timeless craftsmanship, and elevated living.
Rising as twin 36-storey towers in the heart of Basavanagudi, residences will offer spacious 4 BHK+ homes, spanning approximately 6 lakh square feet. Interiors will be crafted in collaboration with renowned designers, combining spacious layouts and high-quality materials to create a seamless blend of global sensibilities and contemporary urban living.
The development features expansive sky decks, landscaped lounges, and thoughtfully designed wellness areas, where architecture and nature coexist in harmony. Flowing water features, sunlit gardens, elevated terraces, and intelligent spaces create a balance of form and function, offering residents a living experience that is both contemporary and deeply rooted in the city’s cultural heritage.
Basavanagudi, widely regarded as the birthplace of modern Bengaluru, provides a culturally rich and historic backdrop for the development. The neighbourhood’s heritage streets, temples, and artistic traditions are reflected in the architectural gestures and curated spaces of The Seven, ensuring residents remain connected to both the city’s history and its contemporary rhythm.
Mayank Ruia, Founder & CEO of MAIA Estates, said: “The Seven embodies our commitment to design-led living, where every element is thoughtfully curated to enhance quality of life. With Arnya’s partnership, we are bringing this vision to fruition in Basavanagudi, a neighbourhood that resonates with heritage, culture, and community. This development reflects our dedication to enduring quality and resident well-being.”
Sharad Mittal, Founder and CEO of Arnya, added: “We believe Bengaluru is poised for a breakout in the luxury residential segment in the coming years, following the strong trends seen in Mumbai and Gurgaon. MAIA Estates has emerged as one of the city’s foremost developers in this space, known for its design excellence and execution quality. Our investment in MAIA’s South Bengaluru development reflects our conviction in both the market potential and the promoter’s vision. We look forward to a long-term, mutually rewarding partnership with MAIA Estates as they continue to redefine Bengaluru’s luxury residential landscape.”
The Seven builds on MAIA Estates’ legacy of delivering landmark residential developments across North Bangalore and the Central Business District, where the brand has continually set benchmarks in design excellence and resident satisfaction. This latest endeavour reflects the same commitment to precision, thoughtful design, and enduring value for both homeowners and investors.
About MAIA Estates
Established in 2016 by Mayank Ruia, MAIA Estates is a Bengaluru-based real estate developer dedicated to creating exceptional residential and commercial developments. MAIA’s creations are defined by meticulous planning, architectural excellence, sustainability, high-quality execution, and punctuality. MAIA’s portfolio includes landmark developments such as 27 Summit in the heart of Bengaluru, among others, which have set new benchmarks in design, value, and the assurance of high quality. With 11 million square feet in various stages of planning and construction, MAIA continues to shape urban landscapes through world-class collaborations and a passionate team of professionals. Beyond its developments, MAIA is committed to community-driven initiatives—transforming neglected urban spaces, enhancing city infrastructure, and championing the dignity of labour on-site. MAIA believes in Building Lives and Beyond while shaping a future where design and purpose coexist seamlessly.
About Arnya
Arnya Real Estate Fund Advisors is an independent investment manager with a mission to make a meaningful impact in real estate investment management in India. Founded by Sharad Mittal, who played a key role in building Motilal Oswal Real Estate from the ground up to an investment AUM of approximately ₹7,150 crore, Arnya leverages deep expertise and market insight. The founding team brings over 100 years of combined experience in real estate investment management across leading institutions. With a focused approach to real estate as an asset class, Arnya is well-positioned to help investors capitalise on India’s growing real estate opportunities.
