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Vaishnavi Group expands commercial real estate footprint in Bengaluru to 6 mn sq. ft.
Vaishnavi Group expands commercial real estate footprint in Bengaluru to 6 mn sq. ft.

Time of India

time20-05-2025

  • Business
  • Time of India

Vaishnavi Group expands commercial real estate footprint in Bengaluru to 6 mn sq. ft.

Real estate development firm Vaishnavi Group plans to expand its commercial real estate (CRE) footprint in Bengaluru to 6 million sq. ft. over the next 3–4 years. With 2.2 million sq. ft. of existing Grade A commercial developments, the group aims to add another 3.5 million sq. ft. to cater to the growing demand for premium office spaces in the region. The expansion is part of Vaishnavi Group's larger vision to be a dominant player in South Bengaluru, where strong demand for high-quality office spaces continues to rise. The group recently completed Vaishnavi Senate, a 500,000 sq. ft. Grade A commercial office development located off the Outer Ring Road on Bannerghatta Road. Darshan Govindaraju, Executive Director at Vaishnavi Group said, "As an organisation, we are constantly exploring high-growth markets to develop Grade A assets across various real estate segments. While the Central Business District of Bengaluru has been a long-standing focus, the launch of our latest commercial project in Bannerghatta marks a significant milestone in expanding our CRE portfolio. It also reflects our commitment to offering lifestyle-centric, future-ready spaces that cater to evolving business needs and customer expectations.' A recent CBRE India Office Figures Q1 2025 report underscored Bengaluru's leadership in the Indian office market, with 4.8 million sq. ft. leased in Q1 2025. The city accounted for the highest share of gross absorption among nine major metros, followed by Delhi-NCR and Mumbai. Live Events With over 25 years of experience, 18 million sq. ft. of residential, commercial and retail developments delivered across Bengaluru and Mysore, and over 10 million sq. ft. of projects in various stages of development.

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