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Bengaluru-based real estate developer Abhee Ventures has acquired a 45-acre prime land parcel in Gunjur, East Bengaluru, to develop a large-format luxury residential township, marking a significant step in its expansion strategy. The acquisition reflects the developer's confidence in the long-term growth potential of Bengaluru's eastern corridor, supported by major infrastructure projects such as the upcoming Peripheral Ring Road, Metro connectivity on Sarjapur Road and the proposed SWIFT City development. Envisioned as a master-planned residential community, the project will feature premium homes, expansive green spaces and lifestyle-oriented amenities. Ahead of the launch, Abhee Ventures has also associated with industry veteran Ashwinder R. Singh to strengthen institutional systems, brand positioning and go-to-market strategy, reinforcing its ambition to scale up as a Category A residential developer in the luxury housing segment.
Abhee Ventures, a Bengaluru-headquartered real estate developer, has acquired a 45-acre land parcel in Gunjur, East Bengaluru, for the development of a large luxury residential township. The acquisition, announced earlier this week, represents a key milestone in the company's growth trajectory and highlights its increasing focus on large-format, master-planned residential developments in emerging urban corridors. Advertisement
The proposed township is being positioned as a next-generation residential community, with an emphasis on premium housing, generous green landscapes and integrated lifestyle amenities. According to the developer, the project is aimed at catering to the evolving preferences of homebuyers seeking spacious, well-planned living environments that combine residential comfort with access to infrastructure, education and employment hubs.
Gunjur has emerged as a prominent residential micro-market in East Bengaluru, owing to its strategic location near the Outer Ring Road, Sarjapur Road and Whitefield. The area is surrounded by several international schools and is expected to benefit from multiple infrastructure initiatives within a short radius. These include the upcoming Peripheral Ring Road, a proposed Metro station along Sarjapur Road and the planned SWIFT City project, all of which are expected to improve connectivity and support sustained residential demand in the region.
Commenting on the acquisition, the management of Abhee Ventures indicated that the Gunjur land purchase aligns with its vision of developing landmark residential projects that offer long-term value. The developer views East Bengaluru as a key growth corridor, driven by its proximity to technology hubs, improving transport infrastructure and expanding social amenities.
In preparation for the township's launch, Abhee Ventures has brought on board Ashwinder R. Singh to support brand strategy, go-to-market planning and stakeholder engagement, particularly for the Phase 2 launch cycle. The association signals the company's intent to strengthen its institutional framework and adopt more structured systems across product planning, governance, distribution and delivery.
Singh brings decades of experience in India's residential real estate sector, having previously served in leadership roles at JLL Residential, ANAROCK and Bhartiya City. He currently serves as Chairman of the CII Real Estate Committee and is associated with BCD Group as Vice Chairman. His engagement builds on the long-standing relationship between Abhee Ventures and BCD Group, which has acted as a construction partner on multiple projects over the past three years, including the delivery of Abhee Celestial City Phase 1.
Abhee Ventures stated that the township development reinforces its commitment to design-led, high-quality residential projects and reflects its broader ambition to scale up operations across Bengaluru's high-growth corridors while strengthening its presence in the luxury housing segment.
Source - PTI
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