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Created September 27, 2025 05:20
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builder projects
{
"projects": [
{
"name": "Adarsh Palm Meadows",
"location": "Whitefield, Bangalore",
"type": "Residential",
"unitVariations": "570 Victorian styled villas on 100 acres; 3 BHK villas (2,817 sq. ft. to 3,645 sq. ft.)",
"amenityAndFeatures": "Landscaped open spaces, clubhouse",
"timeline": "Commenced development in 1998; one of the first premium gated villa communities in India"
},
{
"name": "Adarsh Manor",
"location": "Bangalore",
"type": "Residential",
"unitVariations": "Apartment building",
"amenityAndFeatures": "Not detailed in sources",
"timeline": "Completed in 1990; company's first apartment building project"
},
{
"name": "Adarsh Palace",
"location": "JP Nagar, Bangalore",
"type": "Residential",
"unitVariations": "125 units of 2 and 3 BHK apartments",
"amenityAndFeatures": "One of the first residential properties in Bangalore to offer a clubhouse and landscaped open spaces",
"timeline": "Completed in 1996"
},
{
"name": "Adarsh Palm Retreat",
"location": "Bellandur, Bangalore",
"type": "Residential",
"unitVariations": "352 units of 3 and 4 BHK apartments (1,879 sq. ft. to 2,200 sq. ft.)",
"amenityAndFeatures": "Swimming Pool, Flower Garden, Reflexology Park, Vallam Cultural Arts Center, Landscaped courtyards, Lakeside terrace restaurant, Lakeside Walkway, Clubhouse with facilities for sports including basketball, badminton etc., imported marble in living & dining area, polished vitrified tiles for rooms",
"timeline": "Commenced development in 2005; first phase completed around 2017 according to sources"
},
{
"name": "Shangri-La Hotel Bengaluru",
"location": "Central Business District, Bengaluru",
"type": "Hospitality",
"unitVariations": "397 rooms across 19 stories",
"amenityAndFeatures": "Eight dining venues with cuisines by expatriate chefs from nine nationalities, CHI spa brand, Health Club with Technogym Artis and Arke series equipment, Grand Ballroom (739 sq.m with 9.5m ceiling height), five versatile function rooms",
"timeline": "Launched partnership with Shangri-La in September 2015; completed and inaugurated around 2017"
},
{
"name": "Palm Meadows Resort",
"location": "Bengaluru",
"type": "Hospitality",
"unitVariations": "Deluxe Rooms, Club Rooms, Suite Rooms",
"amenityAndFeatures": "Multiple dining options, kids' activity area, outdoor pool, spa, fitness center, health club, temperature controlled pools, gardens",
"timeline": "Incorporated in 1996; opened as first step into hospitality in 2004 with guest rooms"
},
{
"name": "Adarsh Stratuss Phase 1",
"location": "Chikkagubbi, Hennur Main Road, Bangalore",
"type": "Residential",
"unitVariations": "3BHK (3172-3203 sq.ft), 3BHK+4T, 4BHK (4284-4858 sq.ft), 4BHK+4T/5T",
"amenityAndFeatures": "Not detailed beyond basic configurations",
"timeline": "Possession started from April 2022"
},
{
"name": "Adarsh Park Heights",
"location": "Varthur, Marathahalli - Sarjapur Road, Whitefield, East Bangalore",
"type": "Residential",
"unitVariations": "2 BHK & 3 BHK apartments",
"amenityAndFeatures": "Vastu compliant homes, 80% open space with lush landscaping & gardens, 52,000 Sq.ft clubhouse, indoor and outdoor swimming pools, football cum cricket field",
"timeline": "Project launched; possession started from February 2024"
},
{
"name": "Adarsh Crest",
"location": "Hebbal, Bangalore North",
"type": "Residential",
"unitVariations": "203 units; 2 towers with 10 floors",
"amenityAndFeatures": "Swimming Pool, Flower Garden, Reflexology Park",
"timeline": "Under construction; expected delivery by December 2025"
},
{
"name": "Adarsh Greens",
"location": "Kogilu, Bangalore North",
"type": "Residential",
"unitVariations": "1711 units spread over 14.76 acres; 2 phases",
"amenityAndFeatures": "Swimming Pool, Football and Reflexology Park",
"timeline": "Phase 1: Under Construction (possession Oct 2024); Phase 2: New Launch (possession May 2025)"
},
{
"name": "Adarsh Savana",
"location": "Devanahalli/Yelahanka Extension, North Bengaluru",
"type": "Plotted Development",
"unitVariations": "Plots: Sapphire (30'x40' - 1,200 sq.ft), Diamond (40'x60' - 2,400 sq.ft)",
"amenityAndFeatures": "Amphitheater, Badminton Court, Basketball Court, CCTV Cameras, Club House, Compound, Covered Car Parking, Cricket Court, Entrance Gate With Security Cabin, Fire Safety, Gated Community, Golf Course, Gym, Jogging Track, Landscaped Garden, Lawn, Meditation Hall, Multi Purpose Play Court, Multipurpose Games Court, Party Area, Play Area, Rain Water Harvesting, Security Personnel, Senior Citizen Park, Skating Rink, Spa, Street Light, Swimming Pool, Tennis Court, Underground Sump Tank, Volley Ball",
"timeline": "Introduced in 2021 as first plotted development; spread across 99 acres"
},
{
"name": "Adarsh Lakefront Residential",
"location": "Marathahalli, Bangalore",
"type": "Residential",
"unitVariations": "2, 3, 4 BHK flats (882-2,015 sq. ft. carpet area; 1,341-2,824 sq. ft. super built-up area)",
"amenityAndFeatures": "Swimming Pool, Children's play area, Gymnasium, Health Facilities, Badminton Court, Basketball Court, 70% open spaces, beautiful lake view overlooking Saulkere Lake",
"timeline": "Phase 1 possession started November 2022; Phase 2 possession starts December 2025"
},
{
"name": "Adarsh Tropica",
"location": "Choodasandra, Sarjapur Road, Bangalore",
"type": "Residential",
"unitVariations": "Phase 1: 312 2 BHK flats (925-980 sq. ft.); Phase 2: 2.5 BHK, 3 BHK (1385-1610 sq. ft.)",
"amenityAndFeatures": "Not detailed comprehensively in sources",
"timeline": "Phase 1 launched; Phase 2 target possession December 2027"
},
{
"name": "Adarsh Welkin Park Villas",
"location": "Choodasandra, Off Sarjapur Road, Bangalore",
"type": "Residential",
"unitVariations": "174 Villas, 832 Sky Apartments across 8 towers (G+25 floors); 3, 4 & 5 BHK Villas (3,472 sq. ft. to 4,779 sq. ft.)",
"amenityAndFeatures": "Luxury living, smart home integration, customization options, spacious designs, resort-style amenities",
"timeline": "Possession from October 2027 onwards"
},
{
"name": "Adarsh Garden Estate",
"location": "Gattahalli, Bangalore",
"type": "Residential",
"unitVariations": "Not detailed in sources",
"amenityAndFeatures": "Skillfully designed plots with all necessities",
"timeline": "Possession starts from September 2027"
},
{
"name": "Adarsh Palm Acres",
"location": "Bagalur, Huttanahalli, North Bangalore",
"type": "Residential",
"unitVariations": "4 BHK Villas (3,119-3,752 sq. ft.) across Palm Azure, Palm Emerald and Palm Aqua phases",
"amenityAndFeatures": "Fully equipped clubhouse, landscaped gardens, gymnasium, swimming pool, recreation rooms, outdoor sports courts, children's play area, party hall, 24/7 security",
"timeline": "Possession from September 2021 onwards"
},
{
"name": "Adarsh Cyril",
"location": "JP Nagar Phase 5, Bangalore",
"type": "Residential",
"unitVariations": "3BHK + 3T (2380-2515 sq.ft)",
"amenityAndFeatures": "Not detailed comprehensively in sources",
"timeline": "Possession started from February 2024"
}
],
"management": "Adarsh Group was founded in 1988 by B.M. Jayeshankar, a civil engineer by profession with extensive management expertise.\n\nChairman, Founder and Managing Director: B.M. Jayeshankar\n- Civil engineering background\n- Over 30 years of real estate experience\n- Instrumental in land acquisition, funding, architectural design, and market evaluation\n- Recipient of CREDAI Karnataka Award for Outstanding Contribution to the Real Estate Sector (2017)\n- Served as President of CREDAI Karnataka\n- Led company to develop over 22.38 million Sq. Ft. of real estate across 26+ completed projects\n\nDirector: B.M. Karunesh\n- Brother of B.M. Jayeshankar\n- Provides support in areas of Revenue, Land acquisitions, Legal & Liaising\n- Has been involved in company operations since founding in 1988\n\nThe management team oversees a workforce of over 2,000 professionals and ensures that projects meet the highest standards of quality and innovation as stated in various sources.\n\nAs of recent updates, the company employs around 800 professionals according to some sources, with specialized teams for design, procurement, project management, quality execution, and facility & property management.",
"financials": "Adarsh Group has recently undergone significant financial restructuring that has improved its financial position:\n\n- In September 2024, Adarsh Developers repaid ₹750 crore debt to Edelweiss that was originally raised in 2022 at over 20% interest [14][16]\n- This repayment, aided by operational cash flow and lower-cost refinancing from banks, has helped reduce the company's cost of funds by 8-9 percentage points [14][16]\n- The company secured ₹385 crore in financing from two banks at 12-13% interest rate, significantly lower than the previous 20%+ rate [14][16]\n- Adarsh repaid ₹1,270 crore of debt in the last two years through fundraising and improved cash flow [14]\n- Earlier in 2024, the company sold 41 acres in Bengaluru to Singapore-based Mapletree Investments for over ₹1,900 crore as part of debt reduction strategy [14][16]\n- According to company statements, Adarsh is now in a favorable financial position and plans to primarily focus on residential development, with some emphasis on commercial development [14][16]\n\nFinancial Ratings:\n- Adarsh Realty and Hotels Private Limited (hospitality arm) received a long-term rating of 'ACUITE BBB-' (triple B minus) with Stable outlook for Rs. 370 Cr. of Bank loan facilities [30]\n- The rating reflects the company's established track record in hospitality and real estate sectors, steady growth in occupancy levels, stable profitability, and significant debt refinancing [30]\n\nRevenue Figures:\n- According to ZoomInfo, the company has revenue of approximately $123.6 Million [15]\n- For the hospitality arm (Adarsh Realty and Hotels), revenue increased to Rs.205.59 crore in FY24 (Provisional) from Rs.171.96 Cr. in FY23 and Rs.103.41 Cr. in FY22 [30]\n- This growth was driven by improved occupancy and tariff rates across their three hotels [30]\n\nCompany Structure:\n- Private company, not publicly traded on stock exchanges\n- Part of Adarsh Group of Companies with multiple subsidiaries for different business verticals\n- Total projects portfolio shows 56 total projects according to PropTiger (14 ongoing, 41 completed) [2][4]\n- Developed over 22.38+ million square feet of real estate with 23+ completed projects [1]",
"otherDetails": "Adarsh Group is a real estate developer with significant diversification beyond just residential properties:\n\nCompany Age and Growth:\n- Founded in 1988, making it 36 years old as of 2024 [1][10][12]\n- Started with a focus on residential properties and has grown to become one of Bangalore's most prominent developers [1]\n- Has developed over 22.38 million Sq. Ft. of real estate across completed projects, with 13.9 million Sq. Ft. in ongoing projects and 25.9 million Sq. Ft. in upcoming developments [1]\n- Total land development exceeds 50 million Sq. Ft. across all project stages [1]\n\nAdditional Business Sectors:\n- Hospitality: Significant presence with Shangri-La Hotel Bengaluru, Palm Meadows Resort, and Adarsh Hamilton Luxury Hotel [6][7][8][30]\n- Commercial Real Estate: Development of office spaces and retail properties as part of mixed-use developments [12]\n- Software Tech Parks and SEZs (Special Economic Zones) [12][13]\n- Hospitality management services through their subsidiary Adarsh Realty and Hotels Private Limited [30]\n\nCorporate Identity and Branding:\n- Official website: www.adarshdevelopers.com [1][15]\n- Primary brand names: Adarsh Group, Adarsh Developers, and sometimes Adarsh Realty for hospitality projects [1]\n- Mission statement: 'Imagine, Innovate, Implement' [1]\n- Vision: 'To be known as the creator of unprecedented superior lifestyle' [1]\n- Brand pillars: Trust, Quality, Consistency [1]\n\nCertifications and Standards:\n- ISO 9001:2008 Certified for quality management [5][13]\n- ISO 14001:2004 Certified for environmental management [5][13]\n- OHSAS 18001:2007 safety certification [13]\n- Approximately 70% of buildings have received IGBC precertification [11]\n\nCustomer Base:\n- Over 12,000+ satisfied customers as of recent reports [1]\n- Properties have appreciated up to 1200% in a time span of just 5-6 years according to company claims [12]\n- Strong reputation for timely delivery and quality construction in the Bangalore real estate market [9]\n\nHeadquarters:\n- Located at 10 Vittal Mallya Road, Bengaluru - 560 001 [12][15]\n- Central Bangalore location with easy access to major business districts [1]\n\nWorkforce:\n- Employs over 800 professionals according to recent reports [5][15]\n- Workforce of over 2,000 professionals mentioned in some sources [1]\n- Specialized teams for design, procurement, project management, quality execution, and facility & property management [5]"
}
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