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Bengaluru: Aratt One World, the real estate arm of Aratt Developers, plans to invest ?3,500 crore in an integrated township project in Bengaluru’s Electronic City, marking one of the biggest capital infusions into the city’s commercial and residential real estate in recent years.Phase 1 of the project will see an initial deployment of ?1,200 crore, with the funds earmarked to develop core commercial and luxury residential spaces, setting the tone for subsequent phases that will expand the mixed-use footprint across the 43-acre site.The first phase is anchored by a marquee partnership with Marriott International, which has signed on to bring the JW Marriott brand to Electronic City. The 370-key hotel—expected to open by 2030—will be central to the Aratt One World masterplan, offering luxury services, wellness spaces, multiple dining venues and over 3,400 sq. m. of banqueting facilities.[8]“This marks the beginning of a broader strategic relationship with Marriott International, and we look forward to working closely together as we expand our portfolio in the years ahead,” said Vishal Vincent Tony, Managing Director, Aratt One World Pvt Ltd.Designed by the global architecture firm Broadway Malyan, Aratt One World will blend Grade A office spaces, technology innovation centres, co-living and luxury residences, high-street retail, and cultural venues. The project’s focal point, Celebration Square, is pitched as a new urban gathering space for Bengaluru, with food and beverage venues and public events that reflect the city’s cosmopolitan spirit.Live EventsThe phased investment strategy, with an initial ?1,200 crore outlay, reflects a measured approach to market absorption and risk, while allowing flexibility to adapt to shifts in demand, according to industry observers.Analysts say that bringing a recognised international hospitality brand like Marriott to the project helps boost investor confidence and lifts the overall project profile in a competitive market. “Bengaluru’s tech-driven growth has revived demand for world-class mixed-use developments, particularly those with global hospitality draws. Large, phased capital commitments also signal robust developer balance sheets and long-term city outlooks,” said an independent market expert.With over 37 completed projects spanning 20 million sq. ft. and a further 5 million sq. ft. under development, Aratt Developers is making a strategic leap with this project, which marks its largest ever foray into the commercial and mixed-use segment.“Our commitment to Bengaluru is stronger than ever. This project is designed as a catalyst for new job creation, urban vibrancy and quality living,” Tony said.Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onAratt One WorldBengaluru real estateinvestment in Electronic CityJW Marriott BengaluruAratt Developersluxury residential spaces Bengalurucommercial real estate investmenttechnology innovation centresInnovation (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onAratt One WorldBengaluru real estateinvestment in Electronic CityJW Marriott BengaluruAratt Developersluxury residential spaces Bengalurucommercial real estate investmenttechnology innovation centresInnovation(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless
