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Bengaluru Mana Projects Launch 3.3 Mn Sq Ft Homes Priced Rs 1.7-3 Cr

Bengaluru’s residential real estate market is set for a fresh supply infusion as a city-based developer prepares to add over three million square feet of mid-segment housing by the end of the 2025-26 financial year, reflecting sustained demand from upgrading end-users across key growth corridors.

The planned developments, spread across multiple locations including Sarjapur Road and the Bommasandra-Whitefield belt, are aimed at buyers seeking two- and three-bedroom homes priced between Rs 1.7 crore and Rs 3 crore. Industry experts say this price band has emerged as Bengaluru’s most resilient housing segment, driven by stable employment, lifestyle aspirations, and a shift towards larger, amenity-rich communities. A senior executive at the firm said the upcoming supply responds to a visible change in buyer preferences. “Homebuyers are increasingly moving away from smaller standalone apartments towards professionally managed townships that offer security, open spaces, and long-term liveability,” the executive noted. This trend, analysts add, aligns with broader urban shifts towards compact, mixed-use neighbourhoods that reduce travel time and improve quality of life. One of the proposed developments is being designed as a family-oriented township, strategically located in a school-dense micro-market, while another project on Sarjapur Road targets professionals working in Bengaluru’s technology clusters. Together, the two launches are expected to cater to households upgrading within the city rather than speculative investors.

Urban planners point out that such mid-segment projects play a crucial role in shaping inclusive city growth. “Housing in the Rs 1.5-3 crore bracket supports genuine end-user demand and creates more balanced urban communities compared to speculative luxury stock,” said an urban development expert. “If planned responsibly, these projects can also ease pressure on transport networks by integrating workplaces, retail, and social infrastructure.” Beyond residential development, the company is also expanding into commercial real estate, with plans for office, retail, and healthcare assets within the same townships. Mixed-use developments are increasingly seen as a practical response to Bengaluru’s congestion challenges, offering residents the ability to live and work within shorter distances. The firm’s longer-term pipeline includes additional residential phases and selective expansion into emerging northern and southern suburbs, where infrastructure upgrades are improving connectivity. Analysts say this cautious, phased approach reflects a maturing real estate market where developers are prioritising execution and sustainability over aggressive land accumulation.

As Bengaluru continues to absorb population growth, mid-segment housing is expected to remain the backbone of the city’s residential market. Developments that balance affordability, environmental sensitivity, and integrated planning are likely to shape the next chapter of the city’s urban transformation.

Also Read: Mumbai State Slashes Rent For Long Term Leased Housing Society Plots Across

Bengaluru Mana Projects Launch 3.3 Mn Sq Ft Homes Priced Rs 1.7-3 Cr

 

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