1 week ago
Featherlite Developers plans 2 million sq ft realty expansion
Featherlite Developers is a company that builds offices, industrial properties, and homes.
It wants to build about 2 million more square feet of property in the next three to four years.
The company has already built 2.5 million square feet and has more under construction.
It expects its total projects to reach about 3 million square feet by the end of next year.
Featherlite plans to build a large technology park near Bengaluru’s airport road.
That project could begin around 2029 and cost about ₹500 crore to construct, not counting the land.
The company is also planning its first Bengaluru housing project on Budigere Road.
It expects the housing project to have 500-600 premium apartments.
Featherlite Developers plans around 2 million sq ft of commercial and residential projects over the next three to four years.
The company has developed 2.5 million sq ft and has another 500,000 sq ft under construction.
Featherlite expects its own development footprint to reach about 3 million sq ft by the end of next year.
It plans a 1.2-million-sq-ft tech park on Bengaluru’s airport road, potentially starting around 2029.
Featherlite is entering Bengaluru housing with a 10-acre Budigere Road project featuring 500-600 premium apartments.
- Who
- Featherlite Developers, represented by Executive Director Aditya Chellaram.
- What
- The company is expanding its commercial real estate business and entering Bengaluru’s premium housing market.
- Where
- Bengaluru and Chennai, including Bengaluru’s Budigere Road and airport road.
- When
- The expansion is planned over the next three to four years; the tech park may begin around 2029. The article was published on August 25, 2026.
- Why
- Featherlite wants to scale its presence and undertake larger commercial and residential projects independently.
Key facts
- Planned pipeline
- Around 2 million sq ft over the next three to four years
- Existing development
- About 2.5 million sq ft developed under Featherlite’s own brand
- Projects under construction
- Approximately 500,000 sq ft
- Airport-road tech park
- Planned 1.2 million sq ft project, with construction estimated at ₹500 crore excluding land
- Bengaluru housing project
- A 10-acre Budigere Road development planned with about 1.2 million sq ft and 500-600 apartments
- Revenue target
- About ₹150 crore for the year
- Profit target
- More than ₹60 crore for the year
Quotes
Aditya Chellaram
Executive Director of Featherlite Developers
“We are looking to build larger projects of commercial and also residential scale ourselves”
thehindubusinessline.com
“The company is entering Bengaluru with a 10-acre land parcel on Budigere Road.”
thehindubusinessline.com
Sources
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