Wednesday, March 25, 2026

Table of Contents for Cover Story

Construction Ticker February 2026

White Lotus Group announces Amanvana – Home of Sanctuaries, a 14-acre residential community in North Bengaluru, with homes starting from Rs.6.5 crore onwards. Even at this early stage, the response has been quite overwhelming, underscoring strong demand from Bengaluru’s discerning homebuyers, including CXOs, entrepreneurs, and NRIs seeking rooted yet contemporary living.

The project has seen strong interest from CXOs, founders, senior technology leaders, strategists, and partners at global firms, including IIT and IIM alumni. Most buyers fall in the 35–55 age band, are financially independent end-users, and are purchasing Amanvana as a long-term primary residence for their families. The community also includes HNIs and NRIs who view Bengaluru as a long-term anchor.

The community features spacious four-bedroom villas measuring approximately 3,800-4,000 sq. ft., reinterpreting the city’s garden ethos for modern life. Amanvana marks the next chapter in White Lotus’ design-led philosophy, bringing together architecture, sustainability, and a deep sense of belonging that reflects the soul of Bengaluru.

Planned at a low density of just 7 homes per acre, Amanvana comprises 95 terraced residences designed to feel like personal sanctuaries within a larger, interconnected ecosystem. More than 70% of the land is dedicated to open and green spaces – gardens, water courts, and a continuous green spine that connects homes to nature. The people-centric layout encourages effortless interaction and movement through the community, creating a sense of calm and continuity that reflects Bengaluru’s enduring charm.

Amanvana addresses key gaps in Bengaluru’s luxury villa market by shifting focus from density and feature-heavy developments to lived experience, privacy, and long-term relevance. The design prioritises low density, spatial intelligence, and deep integration with nature, with amenities curated for everyday quality rather than excess. Distinct villa typologies further allow the community to accommodate different life stages while remaining cohesive and timeless.

“Amanvana represents both a design and a business milestone for us,” said Pavan Kumar, Founder & CEO, White Lotus Group. “For over a decade, our work has centred on one idea that a home should be more than a structure; it should be a sanctuary that adds meaning to life. Amanvana continues that idea at a larger scale. It brings together space, sustainability, and sensitivity to how people actually live. It’s our interpretation of what Bangalore has always stood for openness, warmth, and balance. The response so far has been deeply encouraging, a reflection of the trust built over years and the growing relevance of design-led living.”

Each home achieves around avg. 80% carpet efficiency and full vaastu compliance. Two villa typologies express the idea of sanctuary in distinct ways: Vaayu – A Sanctuary in the Sky features residences with expansive decks and terraces that open to light and air, while Bhoomi – A Sanctuary in the Soil offers homes with open-to-sky greens and garden pockets that bring nature closer to everyday life. Every home can be tailored in finish and layout, allowing residents to co-create spaces that reflect their way of living, a defining hallmark of White Lotus craftsmanship.

Designed in collaboration with leading architectural and landscape consultants, Amanvana’s masterplan draws inspiration from Bengaluru’s traditional courtyard homes while integrating contemporary sustainability principles. The community is envisioned as a net-zero water sanctuary, with rainwater harvesting, wastewater recycling, and native planting woven into the landscape. Homes are positioned for natural light, cross-ventilation, and energy efficiency, enhancing both comfort and well-being.

At its heart lies a central community hub, envisioned as an everyday extension of home – a place where wellness, leisure, and togetherness naturally converge. From co-working and fitness zones to yoga decks, wellness suites, and recreation courts, every detail is crafted to bring balance to daily living. The hub also features social and cultural spaces including an amphitheatre, swimming pool, pet park, crèche, children’s play areas, and multipurpose lounges, all designed to foster a sense of community while retaining an atmosphere of quiet comfort.

Located at the intersection of IVC Road and Chapparakallu Road, North Bengaluru, Amanvana offers proximity to key infrastructure and lifestyle destinations including renowned schools like Harrow International School and Stonehill International School, reputed hospitals, the Padukone-Dravid Centre for Sports Excellence, and the scenic Nandi Hills.

The development enjoys direct access to STRR, Kempegowda International Airport, upcoming Metro connectivity, and major business parks, positioning it within one of Bangalore’s most dynamic growth corridors.


Globe Civil Projects Limited, a firm specializing in civil construction and infrastructure development, has been named the Lowest Bidder for a residential building project at the Indian Institute of Technology Delhi Extension Campus, Sector-3, R.K. Puram.

The project involves constructing a 3B+G+11 residential building along with allied services, with a total project value of Rs.98.85 crore and a completion period of 18 months.  The tender was opened on February 27, 2026, via the Government E-Procurement System, and the formal Letter of Award is expected to be issued shortly.

Vipul Khurana, Managing Director of Globe Civil Projects Limited, said, “Securing this prestigious project with IIT Delhi marks a defining milestone for Globe Civil Projects Limited. It reflects the trust placed in our technical expertise, proven execution capabilities, and established track record in delivering complex infrastructure initiatives.

This achievement underscores our commitment to quality, safety, and timely delivery, while contributing to enduring infrastructure assets for the nation.”

The project is expected to expand the company’s order book and strengthen its position in the institutional and public infrastructure sector, providing sustained revenue visibility and supporting long-term growth.

Project Highlights:

  • Client: Indian Institute of Technology Delhi
  • Project Type: Residential Building

(3 Basements + Ground + 11 Floors)

  • Scope: Construction including allied services
  • Location: IIT Delhi Extension Campus, Sector-3, R.K. Puram, New Delhi
  • Project Value: Rs.98.85 crore
  • Completion Period: 18 months
  • Nature of Contract: BOQ-based
  • Entity Type: Domestic

The company continues to focus on expanding its footprint in institutional and public infrastructure projects across India, leveraging engineering excellence, disciplined project management, and a strong order book to drive sustainable growth and enhance long-term stakeholder value.


Kolte-Patil Developers Limited, a leading Pune-based real estate player with a diversified presence in Mumbai and Bengaluru, announced that the Company has signed a joint development deal for a ~1.1 million sq. ft. residential project in Bhugaon, Pune that has an expected Gross Developable Value (GDV) of Rs.850 crore. Bhugaon, is an emerging residential destination in Pune, blending natural flora and fauna with excellent urban connectivity. This land parcel is surrounded by established premium markets like Bavdhan and Kothrud and is adjacent to the Mumbai-Pune Expressway as well as Shivaji Nagar railway station.

The project is set to benefit from being in close proximity to large employment hubs as well as the access to advanced social infrastructure comprising schools, hospitals, shopping malls and entertainment hubs making this a very unique and attractive proposition.

Commenting on the development, Rajesh Patil, Managing Director, Kolte-Patil Developers Limited said, “This transaction aligns with our strategy to systematically strengthen our presence in high-potential micro-markets benefitting from evolving demand trends. This project in Bhugaon marks the next step in expanding our portfolio through capital-efficient partnerships. We remain committed to creating highly amenitized state-of-the-art residential spaces that deliver lasting value to customers. Leveraging our strong brand value and market expertise, we aim to develop a thoughtfully designed offering that supports Pune’s urban growth and meets the aspirations of today’s homebuyers.”


Brigade Group has launched its new residential project, Brigade Stellaris, on a 5.19-acre land parcel along Velachery Road in Chennai. The project, fully owned by the company, carries an estimated Gross Development Value (GDV) of around Rs.1,700 crore, according to an official release.

Pavitra Shankar, Managing Director of Brigade Enterprises Limited, said the project reflects the company’s ongoing commitment to high-quality construction and urban living standards. “As we continue to expand our footprint in Chennai, our focus remains on delivering high-quality construction that aligns with the global aspirations of our customers. This project is part of our continued focus to elevate the standard of urban living in one of the city’s most vibrant and well-connected neighbourhoods,”

Shankar said Brigade Stellaris marks another step in Brigade Group’s expansion in Chennai, targeting premium residential buyers seeking modern, well-connected living spaces.


Brigade Group has entered the industrial real estate sector, launching Brigade Industrial Park, a 25-acre industrial development in Devanahalli, North Bengaluru. The park will span approximately 2 million sq ft and cater to sectors including Aerospace & Defence, IT/ITES, and Data Centres. Commenting on the new venture, Amar Mysore, Executive Director of Brigade Enterprises Ltd., said, “The entry into industrial real estate marks a new milestone in Brigade’s growth trajectory. By diversifying into this vertical, we will play a key role in transforming a high-growth sector.”

The move reflects Brigade Group’s strategic shift to expand beyond residential and commercial real estate into industrial and high-tech infrastructure, tapping into the growing demand for specialized industrial spaces in Bengaluru’s northern corridor.


Godrej Properties Ltd., one of India’s leading real estate developers, today announced that it has acquired 11.36acres of land for residential development in Gurugram, Haryana, through an outright purchase. This project will offer residential development with an estimated revenue potential of over Rs.4,500 Crore*, comprising a mix of premium low-rise and high-rise residencies, along with exceptional lifestyle amenities.

The plot is strategically located in Sector 63A, one of the prime sectors of Gurugram. It forms part of the Golf Course Extension Road micro-market, a major growth corridor with strong connectivity to Golf Course Road, Sohna Road, and NH-48. The micro-market has matured into a high-demand destination for residential, commercial, and retail developments.

Gaurav Pandey, MD & CEO, Godrej Properties, said, “With this new project, we have now added over Rs.40,000 crore of future sales potential through portfolio additions in FY 26.  This represents delivery of 2X our business development guidance for the full financial year and makes it our best ever year for business development in terms of future booking value locked in. 

We believe this positions Godrej Properties well to deliver sustained strong growth in the years ahead. Golf Course Extension Road has established itself as one of the most desirable micro-markets in NCR, offering a mix of both high-end commercial spaces and premium residential properties. This new acquisition will further enhance our development portfolio in NCR, with good diversification across micro-markets, enabling us to cater to the region’s robust demand. Our focus remains on building exceptional residential communities that generate lasting value for residents.”


Atul Projects has launched the “Carnival of the Hills”, an initiative that will provide limited time access to premium panoramic residential hill view homes at The Hillfront, in Mulund, with an unparalleled suite of offers. This campaign will establish a new benchmark for Mulund’s largest and most affordable residential opportunity, by providing nature focused living, township sized infrastructure and price positioning.

The Carnival will go beyond just a traditional sales-driven initiative, to celebrate Mulund’s emergence as a high growth residential area. With ongoing infrastructure development, and with limited large-format hill view developments available to buy in Mumbai, The Hillfront represents a once-in-a-lifetime opportunity for those seeking to live in a scenic environment while also having access to a fully integrated township.

According to Aakash Patel, Managing Director, Atul Projects, “This milestone is indicative of the strength of purchaser confidence in both The Hillfront and the overall long-term growth trajectory of Mulund. Further to this momentum created by this milestone, The Carnival allows purchasers to gain access to premium inventory, with an attractive entry price point, within a township that offers scale, lifestyle and durability of value over the long term. The sustained demand we are observing for well-planned developments which offer a balance of strong scenic appeal and thoughtfully-designed infrastructure will be further enhanced with The Carnival due to its ability to continue to accelerate these trends, while providing home buyers with a compelling opportunity to invest in a forward-thinking address.”

At the heart of the Campaign is the Carnival Bonanza Offer where we will remove traditional entry costs to buying a new home. You can find a home with zero floor rise, zero stamp duty, zero registration fees, and zero premium view fees providing buyers with access to the panoramic hill views at no extra cost to them. Hill view residences 2 and 3 bedroom units start at Rs.1.79 crore, and these residences can be purchased with a Carnival payment plan of 30:40:30, plus a pre-booking bonus of Rs.4.99 lakhs.

According to Piyush Niljikar, Head of Marketing, Atul Projects, “The Carnival of Hills has been set up as a high-impact buying opportunity, creating greater accessibility to premium hill view living. By creating exclusive buying opportunities and matching it with premium inventory we have created conditions for low barriers to entry and strong buying momentum, giving buyers clear motivation to act today.”

The Hillfront is a major super-sized development located in Mulund extending over approximately 9 acres and planned as an integrated township development with 60+ lifestyle amenities, landscaped parks and created community spaces. Integrated infrastructure includes Billabong High International School, a retail plaza, and large green areas, making this a completely self-sustaining ecosystem, thus creating a balance between nature and convenience. Following a very successful Channel Partner meeting which had over 550+ trade partners in attendance, this demonstrates an exceptional level of confidence and trust towards The Hillfront, commencement of ‘Carnival Of Hills’ Campaign signifies the release of Tower B’s higher floor inventory to the market and provides for a premium inventory of apartments with an elevated view at ZERO premium cost.

Carnival of Hills will benefit from the reputation of Atul Projects as a reputable developer with 5+ decades of history and over 13,000+ satisfied families and represents a unique opportunity for homebuyers to secure a home in one of Mumbai’s most promising micro-markets that will be ready to move in to when completed.


Karnataka is considering establishing a new airport in Kalyan Karnataka to enhance connectivity to the districts of Ballari, Koppala, and Vijayanagara, Infrastructure Development Minister M. B. Patil said recently. Responding to a starred question in the Legislative Council, Patil said that a final decision on the airport’s location would be made only after a meeting with the Chief Minister and public representatives from all three districts.

The proposal to develop an airport in Ballari has been on the table since 2010. The state acquired 900 acres of land that year and awarded the contract to Chennai-based M/s Marg Sri Krishnadevaraya Airport Private Limited, but progress has been slow over the past decade. Patil emphasized that the initiative aims to improve regional connectivity and support economic growth in Kalyan Karnataka, a region historically underserved in terms of air transport infrastructure.


In a move that signals a stronger push towards data-backed industry collaboration, Magicbricks has signed a strategic partnership with the National Real Estate Development Council (NAREDCO) to institutionalise research-led conversations, structured policy dialogue, and large-scale knowledge dissemination across India’s real estate ecosystem.

At a time when the sector is transitioning from cyclical volatility to a more formalised and regulated growth phase, the partnership is designed to bridge a long-standing gap between industry representation, credible market intelligence, and mass digital amplification. As capital flows become more institutional and regulatory frameworks more structured, the need for transparent, research-driven insight has become central to sectoral decision-making. This collaboration aims to position industry dialogue around verified data rather than anecdotal trends.

Under the one-year Memorandum of Understanding, Magicbricks will serve as Knowledge Partner and Official Broadcast Partner via MBTV for NAREDCO initiatives. Together it will launch research reports, and various monthly co-branded newsletters, creating a unified pipeline for research dissemination that will help homebuyers navigate the market with greater confidence, clarity, and access to credible, data-backed insights. The partnership will see curation of multiple industry dialogues and amplification of the same. 

Dr. Niranjan Hiranandani, Chairman, NAREDCO, said: “The Indian real estate industry stands at a pivotal juncture, transforming into a transparent, data-driven, and institutionally robust sector. With tightening regulatory frameworks and more organised capital flows, access to accurate and timely market data has become indispensable. Our strategic partnership with Magicbricks underscores NAREDCO’s commitment to fostering informed decision-making through credible insights. This evolution empowers consumers, investors, and policymakers alike to navigate a complex market with clarity and confidence.”

Parveen Jain, President, NAREDCO, said, “The Indian real estate sector is entering a phase where policy alignment, regulatory clarity, and institutional capital are shaping long-term growth. In such an environment, credible data and structured knowledge exchange become essential. Our partnership with Magicbricks enables us to combine on-ground developer insights with robust market intelligence and digital reach. This collaboration will help foster informed dialogue between developers, policymakers, investors, and consumers, while strengthening transparency and confidence across the ecosystem. As the industry matures, data-led engagement will play a critical role in guiding sustainable and inclusive growth.”

Prasun Kumar, CMO, Magicbricks, said, “The partnership recognises the need for building credible, data-driven insights and a meaningful content distribution platform. MB Research is one of the most credible real estate research partners for developers, while MBTV is the world’s leading online real estate channel with 1.75 million+ subscribers. For developers, it creates a structured platform for research-backed visibility and national amplification. For policymakers and stakeholders, it enables access to consolidated market insights that support informed dialogue. For the larger ecosystem, including investors and homebuyers, it reinforces transparency through consistent, data-driven narratives. The partnership will also be leveraged across multiple curated events and platforms to deepen engagement and widen the reach of these insights.” As NAREDCO continues to represent developers and industry stakeholders under the aegis of the Ministry of Housing and Urban Affairs, the collaboration also aligns with the sector’s push towards professionalisation and stronger institutional frameworks. With this association, Magicbricks strengthens its evolution from a listings platform to a knowledge-led industry convenor — one that not only reflects market movements but actively contributes to shaping informed, policy-aligned discourse in Indian real estate.

Leave a Comment

    Advertiser's Gallery

    Special Focus

    Post Excon 2025

    EXCON 2025 Ends on a High, Driving India’s CE Momentum

    Media Partnership

    Issue Archive