Elegant Builders And Developers

Elegant is a Bangalore-based residential real-estate developer (est. 2004) led by senior management including Rajesh Ramchandani. The firm focuses on apartment projects across Bangalore — from ready-to-move deliveries to large new launches such as Elegant Tranquility and Elegant Altima. It has delivered multiple projects (reported 18 completed) and runs several ongoing and upcoming developments emphasizing premium amenities and timely delivery.

Founded (reported) in 2004, the developer has a track record of delivering projects over the last two decades — sources note 18 completed projects over a 13‑year span. The portfolio includes older completed projects and recent launches (e.g., Elegant Tranquility launched May 2023) with possession timelines ranging from ready-to-move to 2029.

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Developer Projects

The business is focused almost exclusively on residential projects (2/3/4 BHK apartments, duplexes) across Bangalore suburbs and central localities (RR Nagar, Banashankari, Bannerghatta Road, Jakkur, Yelahanka, Kanakapura Road, Frazer Town). Project positioning ranges from mid-to-premium housing with amenities such as clubhouses, gyms, swimming pools and large open spaces; some large-scale offerings (Elegant Altima ~2.84 lakh sq.ft. saleable area, Elegant Tranquility with 70% open space).

Elegant Embassy 2Residential Community | Apartment

RRBangalore

Elegant Embassy 3Residential Community | Apartment

RRBangalore

Elegant EliteResidential Community | Apartment

GlobalBangalore

Elegant EmporiumResidential Community | Apartment

AkshayBanashankariBangalore

Elegant PalaceResidential Community | Apartment

HulimavuBannerghattaBangalore

Elegant EmbassyResidential Community | Apartment

3rdBangalore

Elegant AkshyaResidential Community | Apartment

3rdBangalore

Elegant Da CostaResidential Community | Apartment

FrazerBangalore

Elegant VitanouvaResidential Community | Apartment

CVBangalore

Elegant TranquilityResidential Community | Apartment

RRBangalore

FAQ

Who are the owners ?

Rajesh Ramchandani — CEO / Managing Director (listed as CEO, MD and founder in some sources)
M. Subramani (also referenced as Rajesh Subramani in some sources) — named as founder in other sources

Note: public disclosures are limited and sources conflict on founder naming; no additional senior-management names were provided in the supplied information.

When was the company founded ?

The company is reported to have been founded in 2004 (giving roughly 21 years of operation as of 2025). Some sources alternatively cite 1986; the 2004 founding date is the primary reference in the provided data.

Is this a public company ?

No public listing was identified in the supplied information; the developer appears to be a privately held company.
Financial detail available at project level: Elegant Altima carries a CARE BB; Stable rating. Project financing for that scheme showed customer advances covering ~53% of project cost, bank debt ~28%, and promoter contribution ~19% (total project cost ~Rs.246 crore).

Which are the builder's popular projects ?

Elegant Tranquility — RR Nagar, Bangalore. 2/3/4 BHK apartments and duplexes; launched May 2023; emphasis on premium amenities and 70% open space; possession starts Sep 2029.
Elegant Altima — Completed project; total saleable area ~2.84 lakh sq.ft.; project-level CARE rating BB (Stable).
Elegant Palace — Hulimavu, Bannerghatta Road. 2 & 3 BHK apartments positioned with premium amenities including clubhouse, gym and swimming pool; completed.
Elegant Takt — Doddabettahalli, Yelahanka. 2/3/4 BHK units with 50+ amenities (clubhouse, gym, pool); target possession June 2028.
Elegant Whispering Winds — Kanakapura Road. 2 & 3 BHK; ready to move-in; features swimming pool, gymnasium and landscaped gardens.
Elegant Hermitage — Channasandra, RR Nagar. 2/3/4 BHK with swimming pool, clubhouse, kids' play area and gym; target possession March 2026.

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