SNN Estates targets Rs 1,000 crore revenue from North Bengaluru project

New Delhi: Bengaluru based real estate developer SNN Estates (Formerly SNN Builders) is targeting Rs 1,000 crore revenue from its project SNN Estates Felicity in North Bengaluru.

The expansion follows a sell-out of 75% of the project's first-phase inventory being sold within three days of its initial launch,

After completion of Phase 2, the approximate revenue generated by this project stands at Rs 1000 crore approximately.


The new phase will add approximately 76 units to the project's total inventory. With 1. 5BHKs starting at Rs 94 lakh going up to Rs 3 crore for 4BHKs, the decision to expand was driven by continued buyer enquiries even after the first phase was fully absorbed.

SNN Estates Felicity is a residential development located in the Rachenahalli area of Thanisandra, behind Manyata Tech Park in North Bengaluru. Spread across 6.5 acres, the project offers 604 apartments in 1.5, 2, 2.5, 3, and 4 BHK configurations, with towers rising to G+14 floors.

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The buyers include first-time home buyers, mainly consisting of families and IT professionals, given the distance and proximity to nearby tech parks, office spaces, schools and markets.

The expansion comes amid sustained momentum in Bengaluru’s residential market, particularly in the premium segment, where buyers are showing a clear preference for well-planned homes with dedicated community spaces and lifestyle amenities.

North Bengaluru continues to be one of the city’s most sought-after residential destinations, underpinned by established social and physical infrastructure, strong connectivity inside Manyata, Jakkur, and Thanisandra Main Road.

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“The response to the first phase of SNN Estates Felicity has validated everything we believed about the depth of demand in North Bengaluru. Buyers here are looking for the right product at the right address, and the sell-out pace confirmed that Felicity delivers on both,” said Nitin Agarwal, Director, SNN Estate.

The Company has delivered over 12 projects comprising 7,100 homes and 21 million sq. ft. of real estate.