Bengaluru, September 24, 2026: M5 Mahendra Group today announced the launch of Mahendra Solterra, an exclusively 3 BHK residential development located in Ananth Nagar, Electronic City, Phase 2, with an estimated gross development value of ₹925 crore. Spread across 1.1 million sq. ft., the project will bring 522 premium homes across six towers to a corridor where the Group has already established a proven track record of end-user demand with its earlier flagship project – Mahendra Aarya. The project benefits from proximity to Electronic City’s major technology campuses and established social infrastructure, including schools, healthcare and retail.
Solterra marks the next phase of the larger Mahendra Aarya development, a 17-acre-31-gunta masterplan that has anchored the Group’s presence in Electronic City.
Mahendra Aarya Phase 1, Electronic City’s first sports-centric development, is an 8-lakh sq. ft., 662-apartment community that is now completely sold out, with zero primary inventory left on the market. With 100% appreciation since launch, it makes the strongest possible case for the launch of Mahendra Solterra as a part of this development.
While it carries the Aarya legacy forward, Solterra has been developed as a distinct project in its own right, with its own product identity and positioning.
The corridor’s infrastructure pipeline has further strengthened the case for this location. The Namma Metro Yellow Line to Bommasandra is already operational, with further extensions into Attibele planned, while the upcoming Peripheral Ring Road is expected to link the corridor directly to the airport without passing through city traffic. These developments are likely to narrow the price gap between Electronic City and more established corridors over the next three to five years.
At Solterra, residences range from 1,354 sq. ft. to 2,029 sq. ft. across Smart, Comfort and Prime categories, priced between ₹1.35 crore and ₹2 crore, depending on the configuration. The company said the focused 3 BHK offering is aimed at both existing homeowners looking to upgrade and first-time buyers seeking to entrench themselves in Electronic City.
“Aarya Phase 1 demonstrated the depth of end-user demand in this market. All 662 premium homes are sold, and values have moved from approximately ₹4,750 per sq. ft. at launch to around ₹9,500 per sq. ft. today. Solterra builds on that confidence with a focused proposition, an exclusively 3 BHK community planned around privacy, usable space and long-term family living. It represents the next stage of our commitment here,” said Mr. Mahendra Nagaraj, Managing Director, M5 Mahendra Group.
Solterra’s design places emphasis on privacy, natural light, ventilation and everyday usability, with residences planned without shared common walls and two balconies. The project is supported by 100+ curated amenities across wellness, recreation, nature and community living.
Two clubhouses spanning approximately 50,000 sq. ft. will offer an infinity pool, toddler’s pool, multipurpose halls, a members’ lounge, café, gymnasium, yoga terrace, steam room, party deck, crèche, kids’ play area, salon and cafeteria, alongside three swimming pools, four badminton courts, a 24,000 sq. ft. Urban Green Forest, and a one-acre multipurpose sports arena.
The wider amenity ecosystem is organised across Active, Passive, Congregation, Recreational, Eco and Community zones, bringing together fitness and adventure facilities, wellness and social spaces, pools and cabanas, nature-led experiences, children’s and senior-focused areas, co-working spaces, a garden library, community spaces and a DIY and hobby studio.
With this launch, M5 Mahendra Group moves closer to its target of developing 10 million sq. ft. by the end of the current financial year. The Group’s residential portfolio includes Mahendra Elena, Mahendra Elena 5, Mahendra Aarna and Mahendra Aarya, with Mahendra Arto Helix currently under construction and slated for completion by June 2028.