Adarsh Group

Adarsh Group (founded 1988) is a Bengaluru-based private real estate developer led by founder & MD B.M. Jayeshankar, with a multi-decade track record in premium residential, plotted and hospitality projects. The firm has developed 22.38+ million sq.ft. across landmark projects (Palm Meadows, Palm Retreat, Shangri‑La Bengaluru) and operates a large in-house delivery and facilities team. Recently it completed major debt restructuring and asset monetisation to strengthen cash flow and focus on core residential development.

Founded in 1988, Adarsh began with apartment projects (first apartment in 1990) and delivered early landmark gated communities through the 1990s (Adarsh Palace 1996, Palm Meadows from 1998). Over the 2000s–2010s it expanded into large luxury complexes and hospitality (Palm Meadows Resort, Shangri‑La Bengaluru). The company now shows nearly four decades of continuous operations in Bangalore.

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Developer Projects

Primarily a residential developer (villas, apartments, plotted developments) with a leaning toward premium/luxury and large gated communities across Bangalore; also active in hospitality and commercial mixed‑use (Shangri‑La, Palm Meadows Resort). Scale is large — 22+ million sq.ft. developed, many projects concentrated in East and North Bangalore and upscale neighbourhoods.

Adarsh Palm MeadowsResidential Community | Villa

WhitefieldBangalore

Adarsh ManorResidential Community | Apartment

Bangalore

Adarsh PalaceResidential Community | Apartment

JPBangalore

Adarsh Palm RetreatResidential Community | Apartment

BellandurBangalore

Shangri-La Hotel BengaluruCommercial

CentralBangalore

Palm Meadows ResortCommercial

Bangalore

Adarsh Stratuss Phase 1Residential Community | Apartment

ChikkagubbiHennurBangalore

Adarsh Park HeightsResidential Community | Apartment

VarthurMarathahalliWhitefieldEast

Adarsh CrestResidential Community | Apartment

HebbalBangalore

Adarsh GreensResidential Community | Apartment

KogiluBangalore

FAQ

Who are the owners ?

B.M. Jayeshankar — Chairman, Founder & Managing Director (civil engineer; promoter and key decision‑maker)
B.M. Karunesh — Director (brother of founder; responsible for revenue, land acquisitions, legal & liaising)

Note: Adarsh Group is a privately held promoter‑led company. Public shareholder details are not available; other senior management and functional heads exist (design, procurement, project management, operations) but individual names/ownership stakes are not publicly listed in the provided sources.

When was the company founded ?

Founded in 1988 — approximately 37 years of experience (as of 2025).

Is this a public company ?

No. Adarsh Group / Adarsh Developers is a privately held company (not publicly traded). Financial highlights available from sources:

Recent asset sale (41 acres) and debt repayments improved liquidity and lowered interest costs.
Hospitality arm (Adarsh Realty & Hotels Pvt. Ltd.) has an ACUITE long‑term rating of 'BBB-' (Stable) for Rs. 370 Cr facilities.
Group revenue estimates (third‑party data) ~US$124M; hospitality FY24 provisional revenue ~Rs.205.6 Cr.

Which are the builder's popular projects ?

Adarsh Palm Meadows (Whitefield, Bangalore) — 570 Victorian‑styled villas across ~100 acres; one of India’s early premium gated villa communities; development began 1998.
Shangri‑La Hotel Bengaluru (CBD) — 397‑room, 19‑storey luxury hotel (partnership launched 2015; opened ~2017), flagship hospitality asset.
Adarsh Palm Retreat (Bellandur) — Luxury apartment complex with ~352 units (3–4 BHK), extensive clubhouse and lakeside amenities; development began mid‑2000s (first phase completed ~2017).
Adarsh Savana (Devanahalli/Yelahanka Ext.) — Large plotted development across ~99 acres with a full suite of amenities; launched 2021 as the group’s major plotted offering.
Adarsh Lakefront Residential (Marathahalli) — High‑open‑space apartment project overlooking Saulkere Lake (2–4 BHK options); Phase 1 possession started Nov 2022.
Adarsh Palm Acres (Bagalur, North Bangalore) — 4 BHK villa development across multiple phases; possession began Sep 2021.

(Selection highlights projects across villas, apartments, plotted and hospitality segments to reflect scale and brand strengths.)

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