Hyderabad-based Poulomi Estates has announced its entry into the Bengaluru real estate market. They are constructing a new project on a nine-acre site in the Manyata Integrated Township Phase 2, located in North Bengaluru. With an estimated cost of around Rs 800 crore, the project will feature luxurious buildings with 35 floors.
Developed over a total area of 1.8 million square feet, the project is planned to be constructed in two phases. Construction for two towers in Phase 1 is set to begin by the end of this year, with a total of 850 flats planned. The size of these flats will range from approximately 1,450 to 2,550 square feet.
Manyata has seen growth in real estate development due to its proximity to major IT hubs and educational institutions, as well as excellent connectivity to other parts of the city. Poulomi’s first project in Bengaluru is expected to redefine urban living in the city, offering premium apartments with landscaped gardens, a rooftop infinity pool, smart home technology, and a fully-equipped fitness centre, according to the company.
