NBR Group, a Bengaluru-based real estate developer, announced the acquisition of a prime 9.65-acre land parcel in the Sarjapur-Mullur suburb of Bengaluru. This strategic acquisition will facilitate the development of a luxurious high-rise residential project valued at over ₹1200 crore.
The project will feature an impressive saleable area of approximately 9 lakh square feet, with an anticipated gross development value exceeding ₹1200 crore.
Designed to redefine luxury living, this development will include state-of-the-art amenities, sustainable building practices, and premium residential spaces that cater to the discerning tastes of modern homebuyers.
“We are thrilled to announce the acquisition of this prime land parcel in Sarjapur-Mullur, Bengaluru. This area represents a mature market with a robust demand for residential real estate and a limited supply of land,” said Nagabushana Reddy, Managing Director of NBR Group.
“This project marks a significant expansion for NBR Group in the luxury housing segment, catering to the high demand for premium residential spaces in Bengaluru. Our commitment to quality and excellence will ensure that this project sets new benchmarks in the industry,” he added.
