MAIA Estates Secures Rs 120 Crore for The Seven Housing Project in Bengaluru
Real estate company MAIA Estates has announced securing Rs 120 crore from Arnya for a new housing development, The Seven, in South Bengaluru's Basavanagudi. This significant investment will be instrumental in the development of a project that is projected to cover around 6 lakh square feet.
The Seven is set to become a landmark residential project in the bustling city of Bengaluru. Construction is scheduled to commence in early 2026, with the project expected to be completed by 2029. This timeline ensures that the development aligns with the growing demand for high-quality residential properties in the region.
Founded in 2016, MAIA Estates has quickly established itself as a prominent player in the real estate market. The company is currently involved in developing 11 million square feet across various stages in Bengaluru. This latest funding will further bolster MAIA Estates' position and enable the company to expand its portfolio and deliver on its commitment to quality and innovation.
The strategic location of The Seven in Basavanagudi, a well-connected and rapidly developing area in South Bengaluru, adds to the project's appeal. The project will offer a range of amenities and facilities designed to enhance the quality of life for its residents. With a focus on sustainable living and modern design, The Seven is poised to set new standards in the real estate sector.
In addition to the Bengaluru project, MAIA Estates has plans to expand its operations into other key markets, including Maharashtra and Uttar Pradesh. This expansion strategy is aimed at diversifying the company's portfolio and tapping into new growth opportunities. The company's commitment to delivering high-quality, sustainable, and innovative projects is expected to resonate well with both investors and homebuyers.
The investment from Arnya is a testament to the confidence in MAIA Estates' vision and capabilities. As the company moves forward with the development of The Seven, it is poised to make a significant impact on the real estate landscape in Bengaluru and beyond.
