Umiya Buildcon Lands a ₹200-Crore Luxury Gem in Bengaluru's CBD

Umiya Buildcon has acquired a 20,000 sq. ft. land parcel in Bengaluru’s central business district (CBD) for the development of an ultra-luxury residential project.

With a built-up potential of 55,600 sq. ft., the project represents a strategic expansion of Umiya’s high-end real estate portfolio. The company plans to create a design-led, boutique residential development in a prime location, consistent with its focus on limited-inventory luxury homes across Bengaluru’s key micro-markets. The project is expected to add approximately ₹200 crore to the company’s balance sheet, supported by robust demand for luxury housing in a supply-restricted segment.

Chairman and Managing Director Aniruddha Mehta stated, “This acquisition marks an important step forward in our ambition to strengthen Umiya’s premium real estate footprint in Bengaluru.” Umiya anticipates strong interest from both end-users and investors.

News by Rahul Yelligetti.