Umiya Buildcon Acquires prime plot in CBD for Ultra-Luxury project, Strengthening Its Premium Real Estate Portfolio

• Acquisition of a 20,000 sq. ft. prime plot in Bengaluru’s CBD for an ultra-luxury boutique residential project

Thursday, 27 November, 2025: Umiya Buildcon Limited (BSE: 532376 | NSE: UMIYA-MRO), a publicly listed dual-sector company, today announced that it has acquired a prime plot in Bengaluru’s Central Business District (CBD), off Cunningham Cross Road, for the development of an upcoming ultra-luxury residential project.

The newly acquired 20,000 sq. ft. super-prime parcel, with a planned built-up potential of approximately 55,600 sq. ft., marks a significant addition to Umiya’s premium real estate portfolio. The company intends to develop an exclusive, design-led boutique residential project on the site, aligned with its strategy of creating high-value, limited-inventory homes in Bengaluru’s most sought-after urban micro-markets. This is in addition to its ongoing project in Goa at Candolim, an extremely popular and centrally located destination in Goa.

Mr. Aniruddha Mehta, Chairman and Managing Director of Umiya Buildcon Limited, stated, “This acquisition marks an important step forward in our ambition to strengthen Umiya’s premium real estate footprint in Bengaluru. The CBD remains one of the most sought-after micro-markets in the city, and this planned development aligns with our commitment to creating spaces that embody design excellence, urban connectivity, and long-term value. We will continue to focus on disciplined execution and delivering developments that are future-ready, customer-centric, and aligned with evolving homebuyer expectations.”

Upon completion, this project is expected to add nearly ₹200 crore to Umiya’s balance sheet and facilitate capital-efficient development in the luxury segment. The development model will enable capital-efficient deployment, with strong returns anticipated from luxury demand within the CBD—an area with extremely limited new residential supply.

Situated in one of Bengaluru’s most valuable corridors, the site is also anticipated to generate long-term economic activity through capital investment, employment during the construction cycle, and the addition of premium residential inventory in a supply-constrained location. Umiya Buildcon expects strong interest from the end-user market as well as investors because of the very limited luxury residential offerings within the CBD and the project will maintain its value consistency during its lifetime.

This development aligns with Umiya Buildcon’s broader strategy to strengthen its real estate vertical through selective, design-led projects in high-demand urban markets.