January 18, 2024: Real estate developer Concorde on January 17, 2024, launched Concorde Antares, a high-rise lakeside residential project located off Yelahanka, Vidyaranyapura, Bangalore, with a gross development value (GDV) of Rs 525 crore. Spanning 7 acre, the project comprises 592 units of 2,3 and 4 BHK apartments and duplex penthouses.
Nesara B.S, Chairman, Concorde, said, “Concorde Antares is the first in a series of our planned expansion that we will undertake in Bangalore. We are bullish on the residential sector and have set ourselves ambitious targets for the current fiscal. We are actively looking at developing upcoming micro markets in Bangalore such as Malur, Thanisandra, Sarjapur, Yelahanka, Vidyaranyapura, etc. In total we will develop 3.5 million square foot (msf) with an expected revenue of Rs 1m200 crore over the next two years. Concorde Antares will have all the salient features of a Concorde project and we are confident that our customer-centric design, innovation and quality construction will redefine modern living spaces in Bangalore, creating significant value for both customers and stakeholders.”
Concorde Antares features five towers with 16 floors each. It offers more than indoor and outdoor amenities including bifurcated zones such as the active and sports zone featuring facilities like pickleball, tennis, basketball and a cricket pitch. The recreational zone offers features like a remote-control toy car track and a yoga pavilion, while the leisure zone provides decks around the lakeside, outdoor working pods and a Community Hub with an amphitheatre, festive lawn, senior citizen interaction square, community farm and party deck.
Additionally, Concorde Antares comes with the company’s signature clubhouse, Evolve, which spans 19,000 square foot (sqft) and offers an array of sports and leisure amenities. These include a squash court, café, gym, co-working spaces, indoor badminton court, mini-theatre, indoor board games, billiards and more. Other notable features of Concorde Antares include elements of sustainability such as a Sewage Treatment Plant (STP), rainwater harvesting for well and groundwater replenishment, naturally regenerating bio-ponds fostering micro-ecosystems and the use of STP treated water for flushes to aid in water conservation.
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Dhwani is a content management expert with over five years of professional experience. She has authored articles spanning diverse domains, including real estate, finance, business, health, taxation, education and more. Holding a Bachelor’s degree in Journalism and Mass Communication, Dhwani’s interests encompass reading and travelling. She is dedicated to staying updated on the latest real estate advancements in India.
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