Concorde Neo Thanisandra Bengaluru — 2 BHK, 3 BHK — Thanisandra Main Road, North Bengaluru — Bangalore

Photo by Concorde Neo - Apartments in Thanisandra via Google Places

Concorde Neo Thanisandra Bengaluru

Developer
City
Price
₹1.04 Cr - ₹1.57 Cr
Configurations
2 BHK, 3 BHK
Possession
October 2029
Status
Under Construction
RERA
PRM/KA/RERA/1251/309/PR/270924/007088

About Concorde Neo Thanisandra Bengaluru

Concorde Neo is an under-construction residential community by Concorde Group on Thanisandra Main Road in Northeast Bengaluru. The project covers 4.02 acres and offers 424 units distributed across 6 towers, each rising to 2B+G+18 floors. The development is positioned as a SMART-home community offering only 2 and 3 BHK configurations, with 78% open spaces and over 40 amenities, including a multi-level clubhouse on the 17th and 18th floors . What sets it apart from competing projects on the same stretch is the boutique inventory size (just 424 flats versus 1,000+ in mega-projects nearby) and Alexa-enabled home automation as a default specification rather than a paid add-on.

Key Highlights

  • Land area: 4.02 acres with 424 units across 6 towers, each 2B+G+18 floors
  • Configurations: 2 BHK ranging 1,125–1,241 sqft and 3 BHK ranging 1,477–1,539 sqft
  • Open space: 78% open space across the layout
  • Sky clubhouse: 7,000 sqft sky-level clubhouse on the 17th and 18th floors with 40+ amenities including gym, yoga room, virtual golf, pet park and open-air theatre
  • Smart-home tech: Alexa-enabled systems, digital door locks, EV charging provision, sewage treatment plant and rainwater harvesting
  • Structure: RCC framed structure for A & B blocks, shear wall system for C, D, E & F blocks, designed for Seismic Zone 2
  • RERA registered: Launched 01-Oct-2024, expected completion 31-Oct-2029, RERA No. PRM/KA/RERA/1251/309/PR/270924/007088
  • Starting price: 2 & 3 BHK homes starting at ₹1.04 Cr as per developer

Location Advantages

Concorde Neo sits on Thanisandra Main Road, one of North Bengaluru's most active residential corridors. The location is strategically near major IT hubs such as Manyata Tech Park and Kirloskar Business Park, reducing commute times for IT professionals, while the road connects seamlessly to the Outer Ring Road (ORR) and Bellary Road (NH-44), providing easy access to the airport and other parts of Bangalore. Kempegowda International Airport is about 26 km from Thanisandra.

Honest concerns: Buyers should be realistic about traffic. Major traffic bottlenecks occur during peak hours while accessing ORR, Hennur Road, Manyata Tech Park, Hebbal and New BEL Road. Resident feedback also flags that a possible stench from a nearby garbage dump is a concern, and nearby traffic congestion is a major concern . The promised metro connectivity (Phase 2B Blue Line) is still under construction and unlikely to be operational at possession.

What's Nearby — Schools, Hospitals, Malls

CategoryNameDistanceDrive Time
School (CBSE)EuroSchool North Campus~2 km6-8 min
School Vidya Niketan School ~2 km6-7 min
School (CBSE)Federal Public School ~1.1 km 4-5 min
PU CollegePresidency PU College / Rashtrotthana PU~3 km10 min
Hospital (Multi-speciality) Columbia Asia Hospital ~3 km10-12 min
Hospital (Multi-speciality) Aster CMI Hospital ~4 km12-15 min
HospitalCratis Hospital / Varsha Hospital~1.5 km5-6 min
Mall Bhartiya Mall of Bengaluru ~1.9 km5-7 min
Mall Elements Mall ~3.5 km12-15 min
Hotel/F&B The Leela Bhartiya City & Hilton Garden Inn ~2 km6-8 min
RestaurantAmulya Fine Dine ~0.7 km 3-4 min

Amenities

The amenity stack is concentrated in a 7,000 sqft Sky Evolve Clubhouse spanning the 17th and 18th floors of one tower — a relatively rare design choice in this price band.

  • Fitness & Sports: Fully-equipped gymnasium, yoga deck, dedicated jogging and cycle tracks, cricket pitch, tennis, basketball and badminton courts, reflexology path , and virtual golf simulator .
  • Water: Swimming pool with separate kids' splash zone, plus rainwater harvesting and sewage treatment plant .
  • Kids: Dedicated children's play area, kids' splash pool, indoor games zone.
  • Social: Multi-level clubhouse with party hall, business lounge, multipurpose hall, open-air theatre, indoor games and pet park.
  • Security & Tech: Four-level security system with smart-home features including Alexa-enabled systems, digital door locks and app-controlled appliances , plus 24×7 CCTV surveillance and EV-charging provision.

Price & Configuration

TypeSBU Area (sq.ft.)Price (₹)Approx. ₹/sqft
2 BHK1,125 – 1,241₹1.04 Cr – ₹1.13 Cr₹9,100 – ₹9,200
3 BHK (Compact)1,477₹1.35 Cr – ₹1.42 Cr₹9,100 – ₹9,600
3 BHK (Large)1,539₹1.51 Cr – ₹1.57 Cr₹9,800 – ₹10,200

Developer-confirmed starting price is ₹1.04 Cr , while 3 BHK units in the project range from ₹1.51 Crs to ₹1.57 Crs . Average asking price is around ₹9,100/sqft compared to Thanisandra locality average of ₹14,800/sqft — meaning Concorde Neo is priced noticeably below the broader Thanisandra Main Road benchmark, partly because the locality average is skewed by ultra-luxury projects like Prestige offerings. Standard payment plans (CLP and construction-linked subvention via SBI, ICICI, HDFC, Axis) are available. Buyers must additionally pay 2% stamp duty and 1% registration on registration value , plus GST of 5% (under-construction), floor-rise PLC, car park and one-time club membership.

⚠️ Price Disclaimer: Prices shown are indicative and based on RealtyPromoo research. Actual cost may vary based on floor rise, PLC (Preferential Location Charge), parking, GST, registration and developer-specific charges. Contact us for the latest verified cost sheet.

Construction Progress

The project officially launched on 01-Oct-2024 with expected completion by 31-Oct-2029 under RERA No. PRM/KA/RERA/1251/309/PR/270924/007088. As of latest updates, foundation and basement excavation are complete, with superstructure work ongoing on the initial blocks (A & B). Structural design follows RCC frame for A & B and shear wall systems for C, D, E & F blocks, designed for Seismic Zone 2 . With possession scheduled around late 2028 to October 2029 across blocks, buyers should budget for a roughly 4-year wait — typical for a 6-tower development of this scale. Given Concorde's track record on prior Bangalore projects, on-time delivery is plausible but not certain; expect 3-6 month buffer slippage as a realistic working assumption.

Investment Analysis

  • Price vs locality: At ~₹9,100/sqft, Concorde Neo is priced about 15-20% below the broader Thanisandra Main Road average — competitive entry into a premium micro-market.
  • Capital appreciation: Property prices in the locality have changed 4.0% in the last quarter , suggesting an 8-12% annual price growth trend. Realistic 3-year appreciation: 25-35% if Phase 2B metro keeps pace.
  • Rental yield: Monthly rent in Thanisandra ranges from ₹33K to ₹3L across 1,2,3,4 BHK units . For a 2 BHK at this project, expect ₹35,000-₹45,000/month rent at possession, translating to ~3.5-4% gross yield — average for Bengaluru.
  • Resale demand: Strong driver from Manyata Tech Park's IT workforce, but resale before OC will face GST disadvantage.
  • Competing projects in the same budget: Prestige Camden Gardens (3-4 BHK luxury, ~₹13K/sqft), Nikoo Homes 5 at Bhartiya City (2-3 BHK, ~₹10-11K/sqft), Casagrand Crescendo. Concorde Neo wins on per-sqft cost; competitors win on community size and brand premium.

Pros and Cons

Pros:

  • Priced 15-20% below Thanisandra Main Road locality average — strong value entry
  • 78% open space and a 17th-18th floor sky clubhouse with 40+ amenities — premium feature set for the price point
  • Boutique 424-unit community feels less crowded than 1,500+ unit mega-projects nearby
  • Manyata Tech Park accessibility — strong rental and end-user demand
  • Smart-home automation (Alexa, digital locks) included as standard, not paid upgrade

Cons:

  • Severe peak-hour traffic bottlenecks on ORR, Hennur Road, Hebbal and New BEL Road — daily commute pain
  • Resident feedback mentions a possible stench from a nearby garbage dump — verify on site visit during evening hours
  • Metro connectivity (Phase 2B Blue Line) still under construction; unlikely operational at possession
  • 4-year wait until full possession (Oct 2029) — long capital lock-in for under-construction buyers
  • Concorde Group is reliable but smaller-scale than Prestige/Sobha/Brigade — slightly lower resale brand premium

Who Should Buy This

Ideal for: IT professionals working at Manyata Tech Park, Kirloskar Business Park or ORR-based offices who want a sub-₹1.5 Cr 2/3 BHK with premium amenities. Also suitable for end-user families looking for a smaller community feel with smart-home defaults, and value-focused investors targeting rental yield from the Manyata workforce.

Not ideal for: Buyers needing immediate possession (4-year construction window), those with daily commutes to South or East Bengaluru (heavy ORR traffic), or buyers prioritising top-tier brand resale value over per-sqft pricing.

FAQ — Frequently Asked Questions

Q: Is Concorde Neo Thanisandra Bengaluru RERA registered?

A: Yes. Concorde Neo is registered with RERA ID PRM/KA/RERA/1251/309/PR/270924/007088 , registered with Karnataka RERA.

Q: What is the possession date for Concorde Neo?

A: The project launched on 01-Oct-2024 and is expected to complete by 31-Oct-2029 per the RERA filing, with phased handovers from late 2028.

Q: What is the price range for Concorde Neo?

A: 2 BHK units start at ₹1.04 Cr per developer pricing , going up to about ₹1.13 Cr; 3 BHK units range from ₹1.35 Cr to ₹1.57 Crs . Average ~₹9,100-10,200/sqft.

Q: Is Concorde Group a reliable builder?

A: Concorde was set up in 1998 and has developed over 22 million square feet of real estate, consistently delivering customer satisfaction . Track record in Bangalore is solid though not as high-profile as Prestige or Sobha.

Q: What is the nearest metro station to Concorde Neo?

A: The closest planned station is on the Phase 2B (Blue Line) Nagawara-KIA corridor, currently under construction. The nearest operational rail point is Tanisandra/Yelahanka Junction railway station, with the metro expected to add direct airport connectivity once operational.

Q: How far is the airport and Manyata Tech Park from Concorde Neo?

A: Kempegowda International Airport is about 26 km (~40-50 min via NH-44). Manyata Tech Park is roughly 6-7 km via Thanisandra Main Road (15-25 min depending on traffic).

Q: Is Concorde Neo good for investment?

A: Yes for medium-term holders. Below-locality-average pricing, strong IT workforce rental demand from Manyata, and 4% quarterly locality price movement support 8-12% annualised appreciation. Rental yield of ~3.5-4% is average; capital appreciation is the stronger play here.

Q: How many units and towers does Concorde Neo have?

A: The project covers 4.02 acres with 424 units across 6 towers, each 2B+G+18 floors , offering only 2 BHK and 3 BHK configurations.

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How this page was written

This page was drafted by Aarav Mehta, Senior Property Analyst (Freelancer) after an on-site visit, with research support from artificial intelligence. AI assisted in compiling information from public sources, and the final content was reviewed by our editor before publishing. We update listings as new information becomes available.

Sources consulted: On-site visit by author · Developer official website · State RERA portal verification · Google Maps location data · YouTube site-visit walkthroughs · Direct broker network.

Last reviewed: 2 May 2026 · Spot an error? Let us know

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