Poulomi Estates Expands into Bengaluru with Rs. 800 Crore Luxury Residential Project

Hyderabad-based Poulomi Estates Private Limited announces its entry into the Bengaluru real estate market with a high-rise project in Manyata Integrated Township, Thanisandra.

Real EstateBengaluruHyderabadPoulomi Estates Private LimitedLuxury Residential ProjectReal EstateOct 03, 2024

Poulomi Estates Expands into Bengaluru with Rs. 800 Crore Luxury Residential Project
Real Estate:Poulomi Estates Private Limited, a leading real estate developer based in Hyderabad, has announced its entry into the Bengaluru market with a luxury residential project worth Rs. 800 crore. The project, located in Manyata Integrated Township, Thanisandra, will feature a 35-storey complex with four towers, offering a combined area of 18 lakh square feet of apartments.

The company plans to construct two towers each in Phase-1 and Phase-2, with the first phase scheduled to be launched by the end of this year. According to Prashanth Rao, Director, Poulomi Estates Private Limited, this investment is part of the company's larger expansion strategy in South India, with plans to explore further opportunities in Bengaluru's real estate market.

About Poulomi Estates Private Limited

Poulomi Estates Private Limited is a Hyderabad-based real estate developer known for its high-quality residential and commercial projects. With a strong presence in the South Indian market, the company is committed to delivering exceptional value to its customers through innovative designs, world-class amenities, and timely project completion.

Frequently Asked Questions

What is the value of the project announced by Poulomi Estates Private Limited in Bengaluru?

Rs. 800 crore

Where is the project located?

Manyata Integrated Township, Thanisandra, Bengaluru

What is the total area of the apartments offered in the project?

18 lakh square feet

When is the first phase of the project scheduled to be launched?

By the end of this year

What is Poulomi Estates Private Limited's expansion strategy in South India?

The company plans to explore further opportunities in Bengaluru's real estate market as part of its larger expansion strategy in South India.

Related News Articles

Aadhar Housing Finance Eyes Sustained Growth of Over 20% in Disbursements and Asset Base
real estate news

Aadhar Housing Finance Eyes Sustained Growth of Over 20% in Disbursements and Asset Base

Aadhar Housing Finance projects disbursements and assets under management to grow at over 20% this year

May 30, 2024
Read Article
No Reversal on Real Estate LTCG Tweaks: Government Stands Firm
Real Estate

No Reversal on Real Estate LTCG Tweaks: Government Stands Firm

Government sources have confirmed that there will be no reevaluation of the changes made to Long Term Capital Gains tax (LTCG) in the Union Budget, despite concerns over the removal of Indexation benefit on property sales.

July 24, 2024
Read Article
Navigating the Industrial REIT Landscape: A SWOT Analysis of EastGroup Properties
Real Estate

Navigating the Industrial REIT Landscape: A SWOT Analysis of EastGroup Properties

EastGroup Properties, a real estate investment trust (REIT) specializing in industrial properties, is at a crossroads in the ever-evolving industrial REIT landscape.

September 28, 2024
Read Article
Godrej Group Makes Major Move in Mumbai Real Estate by Acquiring Land for Rs 81 Crore
real estate news

Godrej Group Makes Major Move in Mumbai Real Estate by Acquiring Land for Rs 81 Crore

In a strategic move, Godrej Group, through its real estate subsidiary Anamudi Real Estates, has acquired a significant plot of land in the bustling city of Mumbai for Rs 81 crore. This acquisition marks a major step in the company's expansion plans in one

February 8, 2025
Read Article
Why Pattaya is the Next Big Thing for Indian Property Investors
Real Estate Mumbai

Why Pattaya is the Next Big Thing for Indian Property Investors

A luxury sea-view condo in Pattaya costs as much as a mid-range apartment in Mumbai. Discover why Pattaya is quickly becoming a hot spot for Indian property investors, offering exceptional value and potential returns.

February 24, 2025
Read Article
Akshaya Tritiya: Can It Spark a Surge in Real Estate Demand?
real estate news

Akshaya Tritiya: Can It Spark a Surge in Real Estate Demand?

With reduced EMIs making home loans more affordable, Akshaya Tritiya could be the catalyst for a surge in real estate demand, especially in the luxury and high-end market segments.

April 28, 2025
Read Article