BCD Group Surpasses 1000 Cr in Residential Construction Projects Order Value

BCD Group, a prominent player in the Indian construction and design industry, surpassed Rs 1,000 crore worth of projects in Bengaluru during the first quarter of FY24, a 30% increase compared to the same period last year. As the demand for residential properties in Bengaluru continues to soar, builders such as Assetz Group, Salarpuria Sattva, Puravankara, and Century Group are constructing critical residential and commercial developments.

The company received Rs 300 crore in project construction orders for the civil construction of premium properties in Central and Secondary Business Districts during the first quarter of fiscal year 24. This is significant given that Bengaluru's residential real estate market has been developing substantially due to the city's robust infrastructure, the presence of global companies offering vast employment opportunities, and the increasing significance of housing as an asset post-COVID-19.

Projects awarded by prominent developers, such as Assetz Group, Salarpuria Sattva, Puravankara, and Century Group, among others.

Angad Singh Bedi, managing director of the BCD Group, commented on the inauguration: 

"We are thrilled to observe the accelerated growth and to see some of India's largest developers delivering cutting-edge residential developments. In the first quarter, our order book surpassed the Rs 1 trillion mark, and we are quite optimistic for the current fiscal year. Bengaluru has been one of our fastest-growing residential markets, and we have been at the vanguard of the city's development by partnering with the country's largest developers. We have a number of upcoming initiatives in the metropolis, and we will continue to invest in the market."