Page 30 - Construction_Opportunities_March_2026

CONSTRUCTION TICKER TAPE

MAIA ESTATES ENTERS SOUTH BENGALURU WITH THE attention to detail. Located in Basavanagudi, one of Bengaluru’s
LAUNCH OF THE SEVEN IN BASAVANAGUDI most revered residential areas, the building will benefit from well-
MAIA Estates, one of Bengaluru’s foremost residential developers, developed social infrastructure and central connectivity, with
today announced the launch of The Seven — twin towers coming proximity to Lalbagh Botanical Garden, Gandhi Bazaar, and well-
up on a 3.67-acre parcel in Basavanagudi, South Bengaluru. connected metro access within close reach. New supply of large-
The development is planned to comprise 128 exclusive 4 BHK+ format homes in this part of the city remains limited, creating a
residences across 36 storeys, spanning approximately 6 lakh sq. clear gap in the market, with most development driven through
ft. of saleable area, with completion targeted by 2029. smaller redevelopments, positioning The Seven as a low-density
The Seven is being developed through a joint development offering within a largely built-up urban fabric.
agreement, backed by `120 crore in institutional funding from Mayank Ruia, Founder & CEO of MAIA Estates, said, “The Seven
Arnya Real Estate Fund - Debt and marks MAIA’s entry into South is a very considered foray into South Bengaluru. Basavanagudi is
Bengaluru — a micro-market defined by limited new premium a location with a strong sense of community and continuity, and
supply, end-user-driven demand, and long-term price stability with one where supply is inherently constrained,
a track record of steady capital appreciation. and expectations around design and
Guided by seven elemental principles — Earth, Water, Air, Fire, space are higher. It is not a market where
Space, Integrity, and Community — the development reflects scale alone works. Developments like this
these through its planning, landscape, and shared spaces. The need a more deliberate approach, with a
development features sky decks, landscaped wellness areas, focus on planning, proportions, and getting
water features, and sunlit gardens. The Seven emphasises the fundamentals right. Our intent here has
low-density living, with homes designed for natural light, cross- been to create homes that are well thought
ventilation, and privacy. Large-format 4 BHK+ residences respond through and will remain relevant over time.”
to a clear shift toward larger, end-user-driven homes in Bengaluru’s The Seven builds on MAIA Estates’ established portfolio of
residential market, with architecture and interiors thoughtfully developments across North Bengaluru and the Central Business
developed in collaboration with international and Indian design District, including 27 Summit, The Beacon, Pelican Gardens, and
studios. Pelican Grove, where the brand has consistently set benchmarks
The Seven is designed primarily for end-users, including HNI and in design excellence, delivery timelines, and resident experience.
UHNI buyers, senior professionals, NRIs, and existing homeowners With 11.5 million square feet currently in various stages of planning
looking to remain in the same neighbourhood, with access and construction, this development marks a step in MAIA’s
to homes offering greater spatial quality, design clarity, and expansion into South Bengaluru.

30 CONSTRUCTION OPPORTUNITIES|MARCH 2026