Bhartiya Urban and Alpine Announce ₹1,000 Crore Investment in Bengaluru Project

Bhartiya Urban, the real estate division of the Bengaluru-based Bhartiya Group, has unveiled its newest residential venture, Nikoo Homes 9, developed in partnership with Alpine. The project involves an investment exceeding ₹1,000 crore, according to a company statement released on Thursday.

Situated in the rapidly developing North Bengaluru area, Nikoo Homes 9 will be constructed on a 13-acre freehold site and is planned to include a total of 1,584 housing units delivered in two phases. The development aims to cater to the rising demand for integrated communities that blend living spaces with wellness, recreation, retail, and access to nature.

Rajan Aggarwal, Chief Finance and Growth Officer at Bhartiya Urban, emphasized the project's alignment with the region’s growth trajectory. He noted that North Bengaluru is emerging as a key corridor for urban expansion, creating opportunities for developments that meet evolving lifestyle preferences. "Nikoo Homes 9 has been designed to respond to that shift in consumer expectations," Aggarwal said.

In addition to residential units, the project will incorporate a 40,000-square-foot retail and commercial hub, intended to enhance convenience and provide essential services within the community. This mixed-use approach reflects a broader trend in urban real estate development, where developers seek to build self-sustaining neighborhoods that reduce the need for long commutes.

Satanik Chaudhuri, Head of Marketing at Bhartiya Urban, spoke about the company’s guiding philosophy, known as 'The Good Life.' Chaudhuri explained that the concept is centered on the idea that quality of life is subjective and varies from person to person. “With Nikoo Homes 9, we bring this belief to life through design thinking and a consumer-first approach, creating spaces and experiences that inspire people to discover their own version of the good life, every day,” he said.

The philosophy is reflected in five core principles that Bhartiya Urban incorporates into its projects: family, community, culture, health, and learning. These elements are intended to shape a wholesome living environment that supports residents’ well-being and personal growth.

Nikoo Homes 9 will offer a diverse range of housing options, including studio apartments, lofts, and Sky Villas, catering to different preferences and family sizes. This variety aims to attract a wide spectrum of buyers, from young professionals to larger families looking for premium living spaces.

Connectivity is a significant feature of the development. The site provides easy access to important landmarks such as Bhartiya City and Kempegowda International Airport, both approximately 15 minutes away. The nearby Hennur Road can be reached within 10 minutes, while the Outer Ring Road lies about 30 minutes from the project location. These transport links enhance the appeal of Nikoo Homes 9 for daily commuters and frequent travelers.

The real estate market in Bengaluru has been witnessing sustained growth, particularly in the northern parts of the city, fueled by expanding IT hubs and infrastructure improvements. Developments like Nikoo Homes 9 reflect the increasing demand for residential spaces that integrate lifestyle amenities with strategic locations.

As urban centers continue to grow, projects that combine housing with retail and recreational facilities are becoming more prevalent, responding to changing consumer priorities that favor convenience, community, and well-being.

With this new development, Bhartiya Urban and Alpine are positioning themselves to meet the needs of a dynamic market, offering a comprehensive living experience that aligns with contemporary urban living trends.