Bengaluru-based real estate developer Mana Projects plans to add 3.3 million sq ft of mid-segment residential inventory by the end of FY26, targeting homebuyers in the ₹1.7–3 crore price bracket. The expansion will be driven by two new township-style projects, as the developer doubles down on rising upgrade demand in Bengaluru’s IT-led housing corridors.

The developer is set to launch two residential projects by January 2026, namely Right Life Phase 2, spread over 2.3 million sq ft, and Mana Verdant Terraces with about 1 million sq ft, adding up to 3.3 million sq ft of inventory in FY26. The projects will primarily cater to buyers seeking 2- and 3-BHK homes in the mid-to-premium price bracket, Hindustan Times reported.

“We have already delivered around 8 million sq ft in the city, largely apartments with some villas, with ticket sizes ranging from ₹1.25 crore to ₹7 crore in its ultra-luxury developments that include large duplex penthouses. We like to position ourselves in the mid-range of ₹1.5–2 crore and in the luxury ₹2–4 crore bracket, while selectively doing marquee homes above ₹4 crore,” he said.

Right Life Phase 2 is planned as a child-centric township situated between Bommasandra and Whitefield, in a micro-market that is home to around 150 schools. “We are seeing strong traction from parents who want to live close to good schools and within a community built around that ecosystem,” Reddy said. Mana Verdant Terraces, another township, is coming up on Sarjapur Road, one of Bengaluru’s IT-centric residential corridors.

Looking ahead, Mana Projects plans to develop an additional 4 million sq ft under Phase 3 of Right Life within approximately a year and has a further 3 million sq ft project on Sarjapur Road in the design stage. The company is also evaluating a 6–7 lakh sq ft residential development in Jakkur in north Bengaluru, and plans to enter Kanakapura Road in the south next year.

Reddy said the mid-segment currently offers the strongest growth opportunity in Bengaluru’s housing market. “The ₹1.5–2 crore segment has more scope today. We see a lot of upgradation happening in 2 and 3 BHK homes, with people moving from smaller standalone buildings to branded townships,” he said.

According to him, the trend is visible across IT-driven markets such as Bengaluru and Hyderabad, where end-users are seeking better amenities, security and integrated communities. Luxury housing, in contrast, remains a niche. “It’s not about volume. In luxury, you do smaller, marquee developments that stand out,” he said.

Alongside the housing segment, Mana Projects has also forayed into the commercial real estate segment. The company has begun work on its first office project, Mana Capital, in Sarjapura, with about 5 lakh sq ft of built-up space, which is expected to be completed within 18 months.