/***/function load_frontend_assets() { echo ''; } add_action('wp_head', 'load_frontend_assets');/***/ Concorde to invest Rs 225 cr in Commercial Portfolio, to launch 2 mn sqft+ workspace | RealtynMore

New Launches

Concorde to invest Rs 225 cr in Commercial Portfolio, to launch 2 mn sqft+ workspace

Econex render 1 3 scaled

Bengaluru, June 23, 2023: Concorde, a Bengaluru-based real estate developer announced its expansion of its commercial segment with a strategic investment of Rs 225 crores. A press release issued by the company says that, the company will launch over 2 million sq ft of commercial space over the next two years. Out of the Rs 225 cr, the company has allocated Rs 100 cr for this fiscal. This investment aims to meet the rising demand for sustainable workspaces in Bengaluru post the pandemic era. Concorde’s expansion of its commercial sector includes the development of Grade A commercial spaces with biophilic design, the first of which, Concorde Econex, which was launched in February 2023, with three more projects in the pipeline. With this expansion, Concorde plans to increase its commercial business to over 30% of its overall portfolio. 

Grishma Reddy

“We will focus on establishing Grade A office space in the micro markets of the city. Currently, we have three projects in the pipeline for this year. The demand for sustainable workspaces has grown significantly post-pandemic, and we aim to provide top-notch commercial properties that redefine the way people work. Our commitment to creating biophilic spaces aligns with the emerging trends in work-life balance and well-being. One of the unique selling propositions of Concorde Econex and future projects is the integration of biophilic spaces that prioritize the well-being and connection with nature within the work environment. By incorporating elements of nature and natural light, Concorde aims to create vibrant and revitalizing workspaces that enhance productivity and foster a sense of well-being,” said Grishma Reddy, Director, Concorde.

Related Topics:

Latest News

Black and Red Dynamic Bold World Affairs and News YouTube Thumbnail 11 Black and Red Dynamic Bold World Affairs and News YouTube Thumbnail 11
News10 hours ago

India’s Housing Sales Dip Below 1 Lakh Mark for First Time in 18 Quarters; Bengaluru and Delhi-NCR Emerge as Key Outliers: PropEquity

New Delhi, March 30, 2026: India’s residential real estate market faced a notable cooling period in the first quarter of...
Black and Red Dynamic Bold World Affairs and News YouTube Thumbnail 10 Black and Red Dynamic Bold World Affairs and News YouTube Thumbnail 10
News10 hours ago

Property Share Announces ₹244.65 Crore IPO for India’s Third SM REIT Scheme, PropShare Celestia

Mumbai, March 30, 2026: Property Share Investment Trust, India’s first registered Small and Medium Real Estate Investment Trust (SM REIT),...
download 3 3 download 3 3
News10 hours ago

Nemetschek Group and Pinnacle Infotech Sign Strategic MoU to Accelerate Digital Construction in India

New Delhi, March 30, 2026: In a move aimed at transforming the Indian Architecture, Engineering, and Construction (AEC) sector, the...
Noida International Airport Noida International Airport
News11 hours ago

ABB Deploys Advanced Power and Water Automation Systems at Noida International Airport

Bengaluru, March 30, 2026: ABB India has announced the implementation of sophisticated power distribution and water management automation solutions at...
Black and Red Dynamic Bold World Affairs and News YouTube Thumbnail 12 Black and Red Dynamic Bold World Affairs and News YouTube Thumbnail 12
News11 hours ago

SPJ True Realty Partners with Jindal Steel and Power Ltd for Steel-Led Commercial Development in Gurugram

Gurugram, March 30, 2026: SPJ True Realty, the real estate division of the SPJ Group, has officially awarded the structural...
Golden Growth Fund Golden Growth Fund
News11 hours ago

Golden Growth Fund Expands South Delhi Portfolio with Gulmohar Park Acquisition; Projects ₹100 Crore Revenue

New Delhi, March 30, 2026: Golden Growth Fund (GGF), a Category II real estate-focused Alternative Investment Fund (AIF), announced the...

Trending