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My Home Group's Debut in Bengaluru: 52-Acre Mega Township

Hyderabad real estate giant My Home Group is officially entering the Bengaluru market with a massive 52.6-acre mixed-use township project located at Konadasapura on the Whitefield–Hoskote Main Road corridor. This marks a major cross-market expansion for the builder, bringing their signature high-rise scale from West Hyderabad to East Bengaluru's primary tech growth belt.


• Total Site & Cost: 52 Acres 24 Guntas site with a ₹5,010 Crore outlay (₹2,098 Cr land + ₹2,912 Cr construction).


• Residential Component:5,735 apartments across interconnected 3B + G + 46-floor towers (1,189 2BHKs, 3,833 3BHKs, and 713 4BHKs).


• Commercial & Retail: 4.3 Million sq. ft. BUA across 3B + G + 34-floor office and retail shopping towers on ~12 acres.


• Scale & Height: Total built-up area of 18.04 Lakh sq. m (~19.4M sq. ft.) reaching a maximum building height of 152 meters.


With Whitefield's tech footprint driving housing demand towards the Hoskote axis, this township looks poised to significantly reshape East Bengaluru's residential density.

How do you see My Home's entry impacting established local developers in the Whitefield-Hoskote stretch?

And what's with this commercial and residential mixed project that every builder is now opting for can any explain me this?

Discussions

sriram5n3b
Spot on. Suburban growth in Whitefield has historically suffered from fragmented infrastructure. A single 52-acre integrated township with 19.4M sq. ft. BUA consolidates retail, office, and housing in one perimeter, setting a high standard for entry.
sandeep3b6n
A ₹5,010 Cr outlay signals serious confidence. Local developers will face stiff competition in execution speed and integrated facility management once construction hits full swing.
nagarjuna5b1n
To answer your question on mixed-use: on a ₹2,098 Cr land outlay, pure residential takes years to recover capital. Adding 4.3M sq. ft. of commercial/retail provides steady annuity rental cash flow while instantly creating a captive 'walk-to-work' ecosystem that drives sales and rental yields for the 5,735 flats.
meghna7k3m
Makes sense! So the commercial component basically acts as a captive demand driver and financial hedge during slower residential absorption cycles?
murali8m2k
As someone from Bengaluru, the Whitefield-Hoskote stretch is primed for this. Local majors like Prestige, Brigade, and Sobha have traditionally dominated East BLR, but My Home bringing 46-floor high-rise density (152m height) will force local players to rethink vertical scale in that corridor.