Chandragiri Properties Expands with Rs 200-Cr Projects in Bengaluru and Hyderabad
Chandragiri Properties, a Bengaluru-based real estate developer, has launched an ambitious expansion plan involving investments of over Rs 200 crore. This strategic move aims to solidify the company's position as a leading multi-city, multi-format developer across South India.
The expansion plan includes a significant plotted development in North Bengaluru, valued at over Rs 300 crore. Additionally, Chandragiri has a one million square feet residential development pipeline in Hyderabad. The company has also outlined a long-term land acquisition strategy in Amaravati, focusing on township-scale development over the next 10-20 years.
Founded six years ago, Chandragiri Properties has already established a strong track record with successful projects such as Chandragiri Blue Lotus and Chandragiri Horizon. These projects have set a high standard for design, sustainability, and modern living, which the company aims to maintain and expand upon with its new developments.
In North Bengaluru, the new project will feature villa-ready plotted layouts with sustainable infrastructure and modern amenities. The development is designed to cater to the growing demand for quality living spaces in the region. The project will include green spaces, efficient water management systems, and state-of-the-art facilities to ensure a comfortable and eco-friendly living environment.
Meanwhile, the Hyderabad pipeline focuses on villa-ready and plotted formats, leveraging the city's stable real estate market. Hyderabad's real estate sector has seen significant growth, driven by the robust IT sector and a growing preference for low-density living. Chandragiri Properties aims to capitalize on this trend by offering well-designed, sustainable homes that meet the needs of modern families.
The company's long-term land acquisition strategy in Amaravati is another key component of its expansion plan. Amaravati, the new capital of Andhra Pradesh, is rapidly developing into a major economic hub. By securing land in this strategic location, Chandragiri Properties is positioning itself to participate in the city's future growth and development.
With this expansion, Chandragiri Properties is poised to become a major player in the South Indian real estate market. The company's focus on scalable, design-driven projects and sustainable living solutions aligns perfectly with the evolving needs and preferences of homebuyers in the region. As the real estate market continues to grow, Chandragiri Properties is well-prepared to meet the demand and deliver high-quality, innovative developments.