Real estate developer Concorde today announced the launch of Concorde Equity, a 23-acre plotted development project situated in Malur, a town in Karnataka lying 40 km from capital Bangalore. With a total sales potential of over Rs 100 crore, the project offers 306 villa plots with several amenities, including seven theme parks, a cricket net, an outdoor gym, a basketball and volleyball court and an amphitheatre. It also features a 8,500-sqft clubhouse Club Evolve, which includes a swimming pool, restaurant, café, gymnasium, banquet hall, convenience store and indoor sports facilities.
Adjacent to the Bangalore-Chennai Expressway, Concorde Equity is located in close proximity to the Narasapura Industrial area. The project is located 4 km from the Malur town, and enjoys easy connectivity with Bangalore city via the Bangalore-Tirupathi Highway, Whitefield and Sarjapur. Furthermore, the Kempegowda International Airport is a 30-minute drive.
Anil Reddy, executive director, Concorde, said, “Malur’s geographical location offers proximity to Bengaluru, with a fast-growing micro economy, rapidly increasing rate of employment from neighbourhood industries including manufacturing, automobile, E-commerce, Pharmaceuticals, etc., leading to additional requirement for living space. The government of Karnataka further plans to develop the area as an electronics cluster. Malur industrial area is therefore poised for high growth and Concorde Equity is ideal for risk averse home buyers”.
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