Concorde
- Company typePrivate
- Founded1998
- HeadquartersBangalore, India
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
Concorde firmographics
Firmographics- Name
- Concorde
- Legal name
- Concorde
- Website
- https://concordegroup.in
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Concorde industry classification
Industry- Product category
- Residential Real Estate Development
- NAICS
- Land Subdivision (2372)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Retail & Mixed-Use Commercial Construction (IMAFACAB)
Keywords
Where Concorde is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Concorde business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Residential Property Sales: Concorde generates primary revenue through the sale of residential properties including apartments, villas, and plotted developments. Revenue is one-time at property handover with typical home loan financing by buyers.
- Commercial Leasing: The company earns recurring rental income from leasing Grade-A office space to commercial tenants. 15-year lease with BHIVE Workspaces at Concorde Econex generates ₹16 crore annually.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Concorde product offering
Product offeringCore offering
Concorde is a Bengaluru-based real estate developer that builds and sells residential properties (luxury apartments, premium villas, and plotted developments) and develops Grade-A commercial office space across Karnataka. The company sells residential units directly to home buyers, NRIs, and investors while leasing commercial space to enterprise tenants such as BHIVE Workspaces, operating across micro-markets including Whitefield, Yelahanka, Thanisandra, Sarjapur, Electronic City, Kanakapura Road, and emerging corridors like Hubballi-Dharwad, Chikkaballapur, and Malur.
Product overview
Concorde is a Bangalore-based real estate developer offering a diversified portfolio of residential and commercial properties. The company's residential portfolio includes luxury apartments (Concorde Eleve, Mayfair, Antares, NEO), premium villas (Concorde Abode 99, Cuppertino, Sylvan View, Silicon Valley), and plotted developments (Concorde Hillcrest, Northwoods, Equity, Opus One, Opus Two, Mist Valley) across Bengaluru and other Karnataka locations (Hubballi-Dharwad, Chikkaballapur, Malur). The commercial portfolio includes Grade-A office spaces such as Concorde Econex. The company has delivered 27+ million sq. ft. and developed 31+ properties, serving 15,000+ families across 15+ prime locations. The portfolio spans various price segments from affordable plots to ultra-luxury residences, with projects across key micro-markets including Electronic City, OMR-Whitefield, Yelahanka, Thanisandra, Sarjapur Road, and Kanakapura Road.
Differentiator
Problem solved
Functional benefit
Products and services
- Concorde Eleve Luxury 3 & 4 BHK residential project offering 136 units across 2.16 acres at OMR, Whitefield, Bengaluru, with panoramic skyline views and elevated living. RERA registered (PRM/KA/RERA/1251/446/PR/210325/007608).
- Concorde Northwoods Premium villa plotted development in Hubballi-Dharwad offering 238 units across 15.9 acres near the Hubballi-Dharwad Highway, positioned for investment returns and a serene lifestyle. RERA registered (PRM/KA/RERA/1259/479/PR/270924/007087).
- Concorde NEO Modern 2 & 3 BHK residential project in Northeast Bengaluru with 424 units across 4.02 acres featuring SMART homes and the Sky Evolve Clubhouse. RERA registered (PRM/KA/RERA/1251/309/PR/270924/007088).
- Concorde Mayfair Luxury 2 & 3 BHK mixed-use residential project in Yelahanka with 217 units across 3.30 acres on Bellary Road. RERA registered (PRM/KA/RERA/1251/309/PR/030524/006839).
- Concorde Antares Luxury 2 & 3 BHK apartment project in Vidyaranyapura, North Bangalore, with 592 units across 7 acres. RERA registered (PRM/KA/RERA/1251/309/PR/181223/006491).
- Concorde Abode 99 Premium 3 & 4 BHK luxury villa project off Sarjapur-Hosur Road with 159 units across 12.7 acres. RERA registered (PRM/KA/RERA/1251/310/PR/210302/003983).
- Concorde Hillcrest Weekend villa plotted development on NH-44 at Chikkaballapur with 589 units across 46.42 acres. RERA registered (PRM/KA/RERA/1254/460/PR/120922/005232). Recipient of the ET Achievers Award 2022 — Most Unique Project of the Year.
- Concorde Equity Premium villa plotted development in Malur with 306 units across 21.66 acres and connectivity positioning it for industrial growth. Recipient of the Investment Property Award at ET Achievers Karnataka 2023.
- Concorde Opus Two Villa plotted enclave on Kanakapura Road with 258 units across 16.75 acres.
- Concorde Econex Grade-A commercial office space project in Doddanekkundi, Whitefield, Bengaluru, comprising 1.4 lakh sq ft leased to BHIVE Workspaces on a 15-year term with an annual rental value of ₹16 crore; located near Seetharampalya Metro station and Outer Ring Road tech corridor.
- Concorde Luxepolis Luxury residential project at Bull Temple Road, Basavanagudi; recognized as Best Ultra Luxury Residential Project at the Times Business Awards 2023.
- Concorde Napa Valley Villas project on Kanakapura Road, one of Concorde's milestone residential properties.
- Concorde Manhattans Residential apartments project in Electronic City Phase 1, one of Concorde's milestone properties.
- Concorde Cuppertino Villas project in Electronic City awarded 'Best Luxury Villa Award' at Silicon Real Estate Awards 2015 in South Bangalore.
- Concorde Midway City Residential apartments project in Electronic City, one of Concorde's milestone properties.
- Concorde Sylvan View Villas project in Electronic City Phase 2, one of Concorde's milestone properties.
- Concorde Windrush Residential apartments project in Electronic City with amenity offerings.
- Concorde Auriga Residential apartments project in the KR Puram area of Bengaluru.
- Concorde Elements of Earth Residential property in Concorde's portfolio.
- Concorde Epitome Residential flats project in Electronic City, Bengaluru.
- Concorde Tech Turf Residential apartments project in Electronic City, Bengaluru.
- Concorde Mist Valley Plotted development project in Concorde's residential portfolio.
- Concorde Amber Residential apartments project on Sarjapur Road, Bengaluru.
- Concorde Livingston Residential apartments project on Hosur Road, Bengaluru.
- Concorde South Scape Residential apartments project on Hosur Road, Bengaluru.
- Concorde Silicon Valley Villas project in Electronic City, Bengaluru.
- Concorde Spring Meadows Residential apartments project on Tumkur Road, Bengaluru.
- Concorde Opus One Residential plotted development project in Concorde's portfolio.
Quantifiable outcome
- Delivered 27+ million sq. ft. of real estate excellence
- +2 more outcomes
Companies that use Concorde
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
Concorde technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Concorde partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BHIVE WorkspacescoreConcorde signed a 15-year lease agreement with BHIVE Workspaces for 1.4 lakh sq ft of Grade-A office space at Concorde Econex in Doddanekkundi, Whitefield, Bengaluru. The facility comprises ground and four upper floors with an annual rental value of ₹16 crore. The deal enables BHIVE to add over 3,000 seats and supports its ambition to lead the large-format flexible workspace segment in India, targeting over 10 lakh sq ft addition during the year. Located near Seetharampalya Metro station and Outer Ring Road tech corridor.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Concorde competitors and assessment
Company assessmentDirect peers
- Puravankara Limited: Puravankara is a Bengaluru-headquartered real estate developer with mid-market to premium residential projects including apartments and plotted developments across South India. Comparable to Concorde in scale, segment positioning, and Bengaluru/South India geographic focus.
- Shriram Properties: Shriram Properties is a Bengaluru-focused residential developer offering apartments, villas, and plotted developments primarily in mid-income to premium segments. Comparable to Concorde in scale, Bengaluru-centric strategy, and product diversification across formats.
- Mantri Developers: Mantri Developers is a Bengaluru-based real estate developer focused on premium residential apartments, villas, and commercial properties across Bengaluru's growth corridors. Comparable to Concorde in product positioning, geographic concentration in Bengaluru, and target customer segments.
- Sobha Limited: Sobha Limited is a Bengaluru-headquartered real estate developer known for premium and luxury residential projects across apartments, villas, and plotted developments, with a strong backward-integrated construction model. Comparable to Concorde in product positioning, quality focus, and Bengaluru-centric geographic strategy.
- Brigade Group: Brigade Group is one of Bengaluru's largest and most established real estate developers with a diversified residential and commercial portfolio spanning apartments, villas, plotted developments, and Grade-A office space. Highly comparable to Concorde across product mix, geographic focus on Bengaluru, and target customer segments.
- Salarpuria Sattva Group: Salarpuria Sattva is a Bengaluru-based developer with a portfolio of premium residential apartments, villas, plotted developments, and Grade-A commercial office space across Bengaluru and other Karnataka markets. Closely comparable to Concorde in product mix, target segments, and geographic concentration.
Broad incumbents
- Godrej Properties: Godrej Properties is one of India's largest listed real estate developers with a pan-India presence across residential and commercial developments. Comparable to Concorde in product categories and customer segments, but operating at materially larger scale and broader geographic reach.
- Prestige Group: Prestige Group is one of India's largest real estate developers with a particularly dominant position in Bengaluru, spanning luxury residential, commercial offices, retail malls, and hospitality. Comparable to Concorde across product categories and micro-market focus, but at materially larger scale and broader portfolio.
Emerging players
- Total Environment: Total Environment is a Bengaluru-based boutique luxury real estate developer known for design-led, sustainable premium apartments and villas. Comparable to Concorde in luxury residential focus and Bengaluru concentration, but operating at smaller scale with a more niche design-led positioning.
- Assetz Property Group: Assetz Property Group is a Bengaluru-based real estate developer focused on premium residential apartments and plotted developments across Bengaluru. Comparable to Concorde in geographic focus, premium positioning, and product diversification across formats.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Concorde social profiles
Digital presenceConcorde financial estimates
Financial estimateRevenue estimate
Valuation estimate
Concorde leadership team
Management profileNumber of profiles
Profiles4 records
Concorde funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Concorde M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Concorde
What does Concorde do?
Concorde is a Bengaluru-based real estate developer that builds and sells residential properties (luxury apartments, premium villas, and plotted developments) and develops Grade-A commercial office space across Karnataka. The company sells residential units directly to home buyers, NRIs, and investors while leasing commercial space to enterprise tenants such as BHIVE Workspaces, operating across micro-markets including Whitefield, Yelahanka, Thanisandra, Sarjapur, Electronic City, Kanakapura Road, and emerging corridors like Hubballi-Dharwad, Chikkaballapur, and Malur.
Is Concorde a public or private company?
Concorde is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Concorde founded?
Concorde was founded in 1998. It employs 501 to 1,000 people.
Where is Concorde based?
Concorde is headquartered in Bangalore, India, in the Asia region.
How does Concorde make money?
Two revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial Leasing.
Who are Concorde's main competitors?
Direct peers on record are Puravankara Limited, Shriram Properties, Mantri Developers, Sobha Limited, Brigade Group and Salarpuria Sattva Group. Broad incumbents are Godrej Properties and Prestige Group. Emerging players are Total Environment and Assetz Property Group.
Does Concorde have an API?
No public API is recorded for Concorde.
What industry is Concorde in?
Concorde's product category is Residential Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of IMAFACAB, Retail & Mixed-Use Commercial Construction. Its NAICS code is 2372 and its SIC code is 6552.