Premium Apartments, North Bangalore
The BLR-NNO-JLP1 development is a premium apartment complex in North Bangalore, a region that has been transformed by the international airport into one of the fastest-growing real estate markets globally. The area is developing rapidly due to the massive investments made by the government in developing the infrastructure of this area, which has in turn sparked 30 million square feet of office space either under construction or planned, making this area an excellent way to participate in the growth of the city.
On a paved 40-foot road, just 5 minutes from NH-7 (Airport Road), and 5 minutes from an elevated road, the connectivity and accessibility were key considerations in the careful curation of this project. Sustained growth in the area (further 34 million square feet of office space set to quadruple the number of people working in the suburb), quality execution and project management led to a best-in-class return of 26.49% IRR delivered for our clients.