BCD Group to invest Rs 500 crore in township in Hoskote

Bengaluru: BCD Group launched BCD City, a maiden township in Hoskote, spread across 75 acres with a total investment outlay of Rs 500 crore, the Bengaluru-based realtor announced on Tuesday.

Priced under Rs 45 lakhs, the 900 residential units are fully pre-leased to iPhone manufacturer Foxconn for two years.

The group plans to expand township and residential developments nationwide, using insights from initial projects to refine future offerings.

It is located close to major IT hubs, the Satellite Town Ring Road (STRR) Growth Corridor, Kempegowda International Airport, and the Bengaluru-Chennai Expressway.

Ashwinder R Singh, Vice-Chairman and CEO at BCD Group, said, “We are witnessing significant interest in investments in BCD City and are already planning to emulate this in other parts of Bengaluru.”