Hiranandani Group was established in 1978 by Niranjan Hiranandani and Surendra Hiranandani, and is based in Mumbai. The group grew into one of the largest real estate developers in India with projects across Mumbai, Bengaluru, Chennai, and Hyderabad. Its defining chapter began when the Hiranandani brothers bought 250 acres of land in Powai, Mumbai, in 1985 and built Hiranandani Gardens, a township that turned a marshy, underdeveloped suburb into one of the city's most recognised residential and business addresses. That Powai template, integrated housing alongside schools, hospitals, retail and open space, became the blueprint the group carried to other cities, including Bengaluru.
When the group expanded south, it acquired large land parcels across Bangalore, Chennai and Hyderabad, with the Bangalore parcel among the largest of the three. Bilekahalli, a suburb off Bannerghatta Road in South Bangalore, is where that expansion took physical shape through one of the group's earliest completed residential addresses in the city.
Hiranandani Lake Verandahs sits in the heart of Bilekahalli, close to Hulimavu Lake and just off Bannerghatta Road, roughly five minutes from Hosur Road. The project is a gated development of 216 units, offered as 3 BHK apartments sized broadly between 1,660 and 2,061 sq ft, with homes finished in laminated wooden flooring, acrylic emulsion walls and Indian marble flooring in the living areas. Residents have access to a gymnasium, swimming pool, clubhouse, power backup, 24x7 security and rainwater harvesting, and several listings note lake-facing units among the more sought-after configurations. The project is ready to move, reflecting the group's stated approach across Bangalore, where House of Hiranandani developments in Devanahalli, Bannerghatta, and Hebbal are also fully delivered and occupied.
Resale and rental data on the project show its standing in the current market: median asking prices around Rs 15.7K per sq ft, with entry pricing for 3 BHK units historically starting near Rs 1.81 Cr and moving upward with unit size, and monthly rents for available units starting around Rs 60K. Prices in the project have been reported rising quarter-on-quarter, tracking the broader momentum in Bilekahalli.
Bilekahalli's Lake Verandahs does not sit in isolation within the group's Bangalore presence. Other House of Hiranandani addresses in the city, Queens Gate at Bannerghatta and Glen Classic at Hebbal among them, extend the same brand along the Bannerghatta Road corridor and into North Bangalore. For a buyer evaluating Bilekahalli, this matters because it signals a developer with an established, delivered track record in the immediate corridor rather than a first-time entrant testing the market.
Bilekahalli is a suburb situated off Bannerghatta Road that has gained prominence due to a boom in real estate and a profusion of information technology companies, with several hospitals and residential complexes established in the area. The locality sits close to Honeywell's technology office and Gatik Business Solutions, and is one of the few Bangalore neighbourhoods within reach of IIM Bangalore, giving it a mixed base of corporate and academic-linked demand.
Connectivity is a central part of the pitch. The BTM Layout 2nd Stage Main Road runs through Bilekahalli, linking it to Jayanagar, Koramangala and BTM Layout, while Bannerghatta Road itself carries traffic toward the city centre and Bannerghatta National Park. The more consequential shift is on the metro front: the Namma Metro Pink Line's elevated stretch between Kalena Agrahara and Tavarekere covers six stations, including Hulimavu and Jayadeva Hospital, the latter functioning as an interchange with the Yellow Line, connecting South Bengaluru to Electronic City and Whitefield. Locally, the Karnataka Road Development Corporation has also been advancing flyover and junction works at Bilekahalli, with an underpass and flyover at Vega City Mall under review to ease traffic on Bannerghatta Road.
Average property rates in Bilekahalli have been reported between roughly Rs 4,594 and Rs 12,728 per sq ft as of January 2026, with rental demand rising alongside it as IT professionals and families continue to move into the corridor for its connectivity and lifestyle mix. Within that range, Hiranandani's Lake Verandahs trades toward the premium end, consistent with its lake-facing positioning, gated low-rise scale, and the brand's broader reputation for aesthetics and on-time delivery built up since the Powai years.
For someone evaluating Hiranandani Group specifically in Bilekahalli, the relevant facts are straightforward: a nearly five-decade-old developer with a founding legacy in Powai and an existing, occupied project on the ground in this exact micro-market, set within a locality that combines IT and institutional demand (Honeywell, Gatik, IIM Bangalore) with improving metro access via the Pink Line and established road connectivity via Bannerghatta Road and BTM Layout Main Road. The combination of a delivered Hiranandani address and an infrastructure upgrade cycle still in progress is the core reason this pocket of South Bangalore continues to draw sustained buyer interest.