Sanjeevini Group Aims for ₹1,200 Crore Revenue from Bengaluru's New Luxury Housing Project

Sanjeevini Group has launched a luxury residential project 'The Adwaith' in Bengaluru, aiming to generate ₹1,200 crore in revenue. The project, spanning 8.3 acres and comprising 668 units, is expected to be delivered in 30 months.

Real EstateLuxury HousingSanjeevini GroupBengaluruGunjurReal EstateAug 31, 2025

Sanjeevini Group Aims for ₹1,200 Crore Revenue from Bengaluru's New Luxury Housing Project
Real Estate:The real estate industry has had a mixed year, with housing supply slowing down but record investments pouring in. Despite the challenges, industry experts believe that demand will stabilize as sales are likely to be lower compared to 2023. In this context, Sanjeevini Group, a prominent real estate firm, is making significant strides with its new luxury residential project, 'The Adwaith.'

The project, located at Gunjur in Bengaluru East, spans 8.3 acres and includes 668 units. The total sales potential of this project is estimated at ₹1,200 crore, as stated in a company press release. The project will be developed under a joint development model with a local landowner. The total built-up area is about 17 lakh square feet, and the units are priced upwards of ₹1.7 crore.

Umesh Gowda H A, Chairman and Founder of Sanjeevini Group, expressed his optimism about the new project. 'We have launched 'The Adwaith' at Gunjur, which is a growing micromarket in Bengaluru due to its excellent connectivity with other parts of the city,' he said. The project is expected to be delivered in 30 months, aligning with the company's commitment to timely and high-quality development.

Sales of residential properties have seen a sharp rise post-Covid pandemic, driven by pent-up demand and a growing preference for home ownership. Sanjeevini Group has a strong track record in Bengaluru, having developed over 15 lakh square feet of residential, commercial, and mixed-use space since its inception in 2010. The company has over 30 lakh square feet of upcoming developments in the pipeline, including the new project in Gunjur.

Sanjeevini Group's focus on luxury residential projects in strategic locations like Gunjur reflects its commitment to meeting the evolving needs of homebuyers in Bengaluru. The company's expertise in developing high-quality, well-connected properties positions it well to capitalize on the growing demand for luxury housing in the city.

In addition to 'The Adwaith,' Sanjeevini Group is exploring other opportunities to expand its portfolio and cater to the diverse needs of the real estate market. The company's strategic approach and strong market presence make it a key player in the Bengaluru real estate landscape, poised for continued growth and success in the coming years.

Frequently Asked Questions

What is the total sales potential of 'The Adwaith' project?

The total sales potential of 'The Adwaith' project is ₹1,200 crore.

Where is 'The Adwaith' project located?

'The Adwaith' project is located at Gunjur in Bengaluru East.

How many units will 'The Adwaith' project have?

'The Adwaith' project will have 668 units.

What is the expected delivery time for 'The Adwaith' project?

The project is expected to be delivered in 30 months.

Who is the Chairman and Founder of Sanjeevini Group?

Umesh Gowda H A is the Chairman and Founder of Sanjeevini Group.

Related News Articles

Luxury Real Estate Defies Odds: DLF Sees No Slowdown in Demand
real estate news

Luxury Real Estate Defies Odds: DLF Sees No Slowdown in Demand

India's largest real estate developer, DLF, reports no slowdown in luxury residential market, despite removal of indexation benefits in budget.

July 27, 2024
Read Article
Virat Kohli's Frustration Evident: Smashes Water Box After Failed DRS in Pune
Real Estate Pune

Virat Kohli's Frustration Evident: Smashes Water Box After Failed DRS in Pune

In a viral video, Virat Kohli, the Indian cricket legend, can be seen smashing a water box with his bat after a failed DRS review in the second Test against New Zealand in Pune.

October 27, 2024
Read Article
Raymond Jumps 17% as BSE, NSE Approve Realty Business Demerger
Real Estate

Raymond Jumps 17% as BSE, NSE Approve Realty Business Demerger

Raymond's stock surged 17% after the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) approved the demerger of its real estate arm, Raymond Realty. The company received a 'No Adverse Observation/No Objection' clearance from both exchanges...

November 22, 2024
Read Article
Dubai's Real Estate Market Flourishes with AED 120 Million Villa Sale in Emerald Hills
Real Estate

Dubai's Real Estate Market Flourishes with AED 120 Million Villa Sale in Emerald Hills

Dubai's real estate market is booming with the recent record-breaking AED 120 million villa sale in the prestigious Emerald Hills, highlighting the city's strong attraction for luxury properties.

December 19, 2024
Read Article
Phoenix Mills Shares Dip Following Q4 Business Update
Real Estate Pune

Phoenix Mills Shares Dip Following Q4 Business Update

Phoenix Mills, a prominent Mumbai-based real estate company, reported mixed results for the March quarter, leading to a decline in its share prices. The company provided insights into its retail, office, and hospitality segments, which showed varying degrees of performance.

April 9, 2025
Read Article
RBI MPC Meeting: Minimal Impact of Trump Tariffs on India, States RBI Governor
Real Estate

RBI MPC Meeting: Minimal Impact of Trump Tariffs on India, States RBI Governor

The Reserve Bank of India (RBI) Governor has stated that the impact of Trump's tariffs on India is much less compared to other countries. The recent MPC meeting has discussed various economic implications and strategies to mitigate any potential risks.

April 9, 2025
Read Article