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Paul Writer · Real Estate Case Study
How Bhartiya City Sold Out Nikoo Homes Release II Before It Even Went Public
A phased launch strategy, nearly 1 lakh site visits, and 9 bank tie-ups — inside the release that followed an 18-day sellout in Bangalore's Bhartiya City township.
Quick Summary
Bhartiya City Developers, the company behind the 125-acre Bhartiya City township near Hebbal, Bangalore, followed an 18-day sellout of its first 800 Nikoo Homes apartments with a structured two-stage release: a five-day preview for interested buyers, followed by a public sale.
The release was backed by parallel infrastructure progress — an IT park under construction, a signed hotel partnership, and nine banks offering pre-approved home loans.
18 days
Release I sellout
800 units
800 units
~1 lakh
Site visits ahead
of Release II
of Release II
9 banks
Pre-approved home
loan partners
loan partners
Background
Bhartiya City is an integrated township developed by Bhartiya City Developers Pvt Ltd, an associate of Bhartiya International Ltd — a 25-year-old company listed on the NSE and BSE.
The township spans 8 districts across residential, IT/SEZ, financial, retail, hospitality, healthcare, and education space.
Timeline
- November 2012 Release I: 800 apartments launched and sold out in 18 days.
- 18–22 January 2013 Exclusive preview window for prospects who missed Release I.
- 23 January 2013 Release II opens to the public.
What Backed the Release
- Construction began on the Bhartiya Centre for Information Technology, a 3.7 million sq ft IT park within the township.
- A partnership was signed with Leela Hotels for the township's first hotel, including what would be Bengaluru's largest conference centre.
- 9 banks were signed up to offer pre-approved property loans to buyers.
- A Loft apartments launch and hospital/school partnerships were reported as in progress.
"The time has come for rewriting the rules of urban township design."
— Snehdeep Aggarwal, Chairman, Bhartiya City
"Design as a differentiator to build enviable homes in a vibrant, sustainable township."
— Swaroop Anish, COO, Bhartiya City
Results Reported
Close to 1 lakh people had visited Bhartiya City and roughly 400,000 hits were recorded on the website ahead of Release II — described by the company as a new benchmark for Bangalore's real estate market.
Frequently Asked Questions
- What is Bhartiya City?
- Bhartiya City is a 125-acre integrated township near Hebbal, Bangalore, developed by Bhartiya City Developers Pvt Ltd, combining residential, IT/SEZ, retail, hospitality, healthcare, and education districts.
- What is Nikoo Homes?
- Nikoo Homes is the residential brand within Bhartiya City. Its first release of 800 apartments sold out in 18 days in November 2012.
- How did Bhartiya City structure the Release II launch?
- It ran a five-day preview from January 18–22, 2013 for prospects who missed Release I, followed by a public sale on January 23, 2013.
- How many banks offered home loans for Nikoo Homes?
- Nine banks were signed up to offer pre-approved property loans to buyers.
- What infrastructure was being built alongside the housing release?
- The Bhartiya Centre for Information Technology, a 3.7 million sq ft IT park, was under construction, and a hotel partnership with Leela Hotels had been signed.
