Gardencity Realty

Name

Gardencity Realty

Legal name

Gardencity Realty Pvt Ltd.

Website

https://gardencityrealty.in

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

Keywords

• Residential real estate development
• Commercial property development
• Sustainable construction
• Luxury villa projects
• Integrated township development

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Residential Property Sales: One-time sale of residential units including apartments and villas across multiple projects in Bangalore, Hyderabad, Visakhapatnam, and Chennai
2. Commercial Property Sales: Commercial real estate development and sales such as the Verde commercial project in Hebbal, Bengaluru
3. Land Banking and Development: Land aggregation and development in strategic locations across South India with co-promoter arrangements

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Gardencity Realty is a real estate development company that designs, builds, and sells residential and commercial properties across South India. The company develops luxury apartments, high-rise towers, integrated townships, villa communities, and commercial projects in Bengaluru, Hyderabad, Visakhapatnam, and Chennai using MIVAN construction technology and IGBC-certified sustainable design. They operate with in-house construction, architecture, and project management capabilities and deliver projects through direct sales to individual homebuyers and commercial buyers.

Product overview

Gardencity Realty is a real estate development company with over 2 decades of experience developing residential, commercial, and retail properties across South India. The company's portfolio includes residential townships (Greenfields, Divine City), luxury apartments (Temple Bells, Marina Skies), high-rise developments (Rock Garden, Rainbow Vista), and premium villa projects (Iconica Grande). Projects span Bengaluru, Hyderabad, Visakhapatnam, and Chennai. The company operates with in-house construction, in-house architects, and an SMC wing to deliver products at competitive prices with impeccable quality and committed timelines. Gardencity has developed close to 6.5 million sqft and delivered more than 4000 units under Cyber City.

Differentiator

Problem solved

Functional benefit

Brands

• Iconica: A series of projects from Garden City Realty and Cybercity Developers, creating landmark addresses with sustainable spaces. Includes Iconica Capitol and Iconica Grande.
• Iconica Grande
• Iconica Capitol

Products and services

• Greenfields A 40-acre mega township at Budigere Cross, Whitefield, Bengaluru. Phase 1 delivered, Phase 2 under development. Spans 19.5 acres with 9 residential blocks, 4.5-acre recreation area, over 76% green spaces. Pre-certified IGBC Gold Rated project. Targeted at individual homebuyers seeking sustainable integrated community living.
• 107 South An 18-acre residential project off Hosur Road, 15 minutes from Electronic City, Bengaluru. Features smart zero space wastage 2 & 3 BHK apartments with lifestyle amenities. Joint development with Shriram Properties targeting individual homebuyers and IT professionals.
• Temple Bells Luxury residential project in Rajaji Nagar, Bangalore with 342 units in 10 towers. Features 2 & 3 bedroom apartments with views to ISKCON Temple and surrounding greenery, grand entrance lobby, swimming pool, and club facilities. Targeted at premium individual homebuyers.
• Prospero Residential project offering 2 BHK and 3 BHK apartments in Hebbal, Bellary Road, Bengaluru. Completed in 2005 on 3 acres of land with amenities including landscaped garden, intercom, wifi facility, and rain water harvesting.
• Marina Skies High-rise residential apartment project in Kukatpally, Near Hitec City, Hyderabad. Developed on 8.7 acres with 2 towers (G+31 floors), 2 million sqft built-up area, approximately 1240 residential units. Features 2BHK and 3BHK apartments ranging from 1160 to 2340 sqft, duplex units on top floors, and 40,000 sqft clubhouse.
• Rock Garden Residential project developed in 22 acres with 12 towers of G+19 storeys and a Premium Tower in Kukatpally, Near Hitec City, Hyderabad. Features 1 lakh sqft recreational space, 7-acre central park, business centre with 16 guest rooms, hilltop clubhouse. Built with MIVAN technology and IGBC GOLD Rating.
• Rainbow Vista Integrated gated community with high-rise residential towers on 4.5 acres in Kukatpally, Near Hitec City, Hyderabad. Designed under Work-Live-Learn-Play concept. Launched May 2009, sold out within 100 days, completed in 2012 with 448 apartments and 6 lakh sqft.
• Iconica Capitol Luxury residential project in Madhurawada, Visakhapatnam. Features apartments in three distinct styles blending old world majesty with new age design philosophy, sleek finishes, and elegant interiors. Jointly developed with Cybercity Developers under the Iconica brand.
• Iconica Grande Luxury villa project spread over 15 acres at Madhurawada in Visakhapatnam. Designed to fit into the backdrop of Eastern Ghats with nature-inspired aesthetics, sleek modern design, and bespoke outline harmonizing luxury and nature. Jointly developed with Cybercity Developers under the Iconica brand.
• Verde Commercial project located in Hebbal, Bengaluru. Targeted at businesses and enterprises seeking prime commercial real estate spaces.
• Divine City 30-acre mini city development in Chennai (Mangadu), located opposite Kamakshi Amman Temple. Shriram Divine City offers world-class facilities and lifestyle amenities as a joint venture with Shriram Properties.
• Senior Living Project (Bengaluru) Senior living community project in Bengaluru developed in partnership with Serene Communities. Targeted at retirement-age individuals seeking specialized senior living facilities with appropriate amenities and care. Represents Gardencity's entry into the senior living segment.

Quantifiable outcome

• 6.5 million sqft developed and delivered
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core and major.

• Serene CommunitiescoreStrategic or Co-development Partner · 2 December 2025Strategic collaboration with Serene Communities to jointly develop a senior living project in Bengaluru. This partnership combines Gardencity's real estate development expertise with Serene Communities' focus on senior living solutions.
• Shriram PropertiescoreStrategic or Co-development PartnerCo-promoter relationship with Shriram Properties for large-scale ventures including Shriram Greenfields and 107 South projects. Long-standing partnership for residential township development.
• Cybercity DeveloperscoreStrategic or Co-development PartnerJoint venture partner for Iconica series of projects. Cybercity Developers and Gardencity Realty collaborate as legendary builders of exquisite residences and adaptive workplaces. Responsible for over 4000 happy families and 6.5 million sqft delivery.
• Hafeez ContractormajorTechnology or IntegrationLeading architectural design consultancy firm of India providing unique design concepts and bold execution for large-scale integrated townships, hospitals, educational institutions, hotels, and resorts.
• Site Concepts InternationalmajorTechnology or IntegrationLandscape architecture and urban design consultancy established in 1991 with active projects in over 8 countries. Core capabilities include master planning, urban design, and landscape architecture across Asia, Middle East, and Africa.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Shriram Properties: Bangalore-headquartered residential developer and listed co-promoter partner with Gardencity on flagship projects such as Shriram Greenfields and 107 South. Same target customer (mid-to-premium Indian homebuyers), same South Indian footprint, and directly comparable product mix of apartments and townships.
• Prestige Group: Large Bengaluru-based developer of residential, commercial and retail projects including townships, malls and hotels. Closely comparable product mix, geography (Bengaluru-centric South India), and mid-premium customer segment — making it a benchmark for Gardencity's pipeline scale.
• Brigade Group: Bengaluru-based developer of residential apartments, villas, commercial offices and retail malls across South India. Operates in the same metros as Gardencity with a similar integrated township and IGBC/LEED-certified sustainability positioning.
• Sobha Limited: Bengaluru-headquartered real estate developer with backward-integrated construction capabilities, active across South India. Highly comparable on in-house execution model, premium positioning, and quality-focused construction technology that Gardencity claims with MIVAN.
• Puravankara Limited: Bengaluru-based residential developer operating across South India with mid-premium and luxury apartment projects. Comparable customer base, geography, and apartment-led product mix.
• Casagrand: Chennai-headquartered residential developer with expanding Bengaluru footprint, focused on mid-premium apartments and villas. Directly comparable to Gardencity's Chennai (Divine City) and Bengaluru projects, with similar pricing tier and customer profile.
• Kolte-Patil Developers: Pune-based residential developer with growing South India presence, focused on mid-premium apartments and townships. Comparable in product type, customer segment and integrated township execution model.

Broad incumbents

• Godrej Properties: National real estate developer operating across major Indian cities including Bengaluru and Hyderabad. Competes with Gardencity in the same metros and customer segments but at significantly larger scale and broader geographic footprint.
• Macrotech Developers (Lodha): Largest listed Indian real estate developer with national presence across residential and commercial segments. While primarily West India-focused, it competes in Bengaluru and represents the upper bound of scale and brand power that Gardencity aspires to.

Emerging players

• TVS Emerald: Chennai-based residential developer expanding into Bengaluru with mid-premium apartment projects. Comparable South Indian footprint, similar apartment-led product mix, and overlapping target customers in the Chennai-Bengaluru corridor where Gardencity operates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gardencity-realty

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gardencity Realty