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Bengaluru Expansion: Vaishnavi Group to Add 6 Million Sq. Ft. of Commercial Space by 2029


Featured Image of Bengaluru Expansion: Vaishnavi Group to Add 6 Million Sq. Ft. of Commercial Space by 2029

Vaishnavi Group, a well-known real estate company based in Bengaluru, has announced plans to expand its commercial real estate footprint in the city. Over the next 3 to 4 years, the group will add 3.5 million square feet of new office space. This will take their total commercial development in Bengaluru to 6 million square feet — a big jump from the 2.2 million square feet they already have.

This move focuses mainly on South Bengaluru, which is becoming one of the fastest-growing business zones in the city. It's an area that's not only improving in terms of roads and metro access but is also close to top residential areas and large talent pools. Projects like Birla Evara, located nearby in Sarjapur Road, reflect this trend — offering quality homes that match the needs of today's working professionals.

Bengaluru has remained India's top city for office space demand in 2025. In just the first quarter of this year, Bengaluru recorded strong office leasing activity:

  1. Knight Frank says the city saw 12.7 million sq. ft. of office leasing (including early bookings).
  2. CBRE recorded 4.9 million sq. ft., and Vestian listed 4.08 million sq. ft.

This growth is driven by Global Capability Centers (GCCs) — which are large offices for global firms managing R&D, software, and finance from India. In Q1 2025, Bengaluru made up 39% of all GCC office space use in India, with a 119% jump in value terms over last year (Vestian). Experts expect GCCs to take up 50 million sq. ft. more in the next two years.

What's changing is why companies want space. It's no longer just about lower costs. These offices now act as innovation hubs and need high-quality, modern buildings that support both work and employee comfort. This is exactly what Vaishnavi Group is aiming to build.

As part of this plan, the group has already completed Vaishnavi Senate, a 500,000 sq. ft. office building located just off Bannerghatta Road. This project is modern in every sense:

  1. 10-floor design with large floor areas
  2. Private balconies and terrace spaces
  3. Precast construction for faster delivery and better quality
  4. Designed with natural light and open layouts

Companies are showing interest in this location because rentals are much more affordable than in central parts of the city — often about 50% lower than CBD rates. It's also surrounded by major residential areas like Jayanagar, JP Nagar, Banashankari, and BTM Layout. These are areas where employees already live, which reduces travel time and increases convenience.

Bannerghatta Road and its nearby areas are seeing rapid growth. Here's why more businesses are shifting their focus here:

  1. Great connectivity to Outer Ring Road (ORR), NICE Road, and Metro (Purple Line).
  2. Near large talent pools, with many people already living in the area.
  3. Lower office rent, making it easier for companies to set up satellite offices.
  4. Established ecosystem with schools, hospitals, shopping, and housing projects.

Projects like Birla Evara — a high-quality residential development nearby — offer smart homes that fit the lifestyle of modern professionals working in these new offices.

Vaishnavi Group has been in real estate for over 25 years. They've delivered:

  1. 18 million sq. ft. of homes, offices, and retail space
  2. 10 million sq. ft. more is under development across Bengaluru and Mysore

Their commercial buildings focus on quality design, strong construction, and modern features like:

  1. Open layouts
  2. Smart building technology
  3. Natural lighting
  4. Green spaces and wellness areas

The group says they want to build "future-ready spaces" — meaning buildings that are comfortable, energy-efficient, and built for how companies operate today.

"The launch of our latest commercial project in Bannerghatta marks a significant milestone in expanding our CRE portfolio. It also reflects our commitment to offering lifestyle-centric, future-ready spaces that cater to evolving business needs and customer expectations."

Experts believe that Bengaluru's office market will keep growing through 2030, especially as India's economy is expected to grow by 6.3%–6.8% in 2025.

  1. Outer Ring Road (ORR) and Hebbal remain top areas.
  2. South Bengaluru, including Bannerghatta Road, is now rising fast.
  3. Flex workspaces are also booming — Bengaluru, Delhi NCR, and Pune now account for 80% of all coworking space demand (Colliers, Q1 2025).

Companies want quality spaces with more than just desks — they want cafes, wellness zones, outdoor spaces, and tech-friendly buildings. This is driving developers like Vaishnavi Group to build offices that are both smart and stylish.

Vaishnavi Group's expansion is more than just a real estate update — it's a sign that Bengaluru's business districts are spreading outward, especially to areas like Bannerghatta Road and Sarjapur Road.

This also means that people who want to live close to work — in smart, connected communities — will find better options in projects like Birla Evara, where homes are built for comfort, convenience, and modern living.


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