Bengaluru-based luxury developer MAIA Estates is accelerating its growth trajectory with a bold ₹3,000 crore investment to launch over 4 million sq ft of residential and commercial spaces in FY 2025‑26, CEO Mayank Ruia confirmed. This surge will boost MAIA’s total development footprint in the city beyond 2.5 million sq ft by year-end.
The pipeline spans a wide spectrum—from mid-range homes priced at ₹2–12 crore to ultra-premium offerings above ₹15,000 per sq ft. Its flagship luxury project, 27 Summit, delivered in 3.5 years, features homes priced ₹21–27 crore (₹47,000+ per sq ft), with recent penthouse sales reaching ₹54 crore—a mark of strong buyer confidence.
MAIA’s funding model for the expansion comprises a balanced mix: approximately one-third each from equity, construction loans, and customer advance funding. The firm has also partnered with CapitaLand India, securing over ₹1,000 crore for its commercial real estate venture. Currently holding around 1.5 million sq ft in office developments, MAIA aims to triple its commercial footprint across the CBD, Hebbal, and Outer Ring Road over the next 3–4 years.
Following a successful entry into Chennai in late 2024, MAIA is poised to deepen its presence across South India. The ₹3,000 crore investment highlights the firm’s confidence in Bengaluru’s premium segment and its ambition to become a dominant player in luxury urban real estate.
