Modern Spaaces

Modern Spaaces Developers is a Bangalore-based real-estate developer founded in November 2019, focused exclusively on residential and plotted developments across Sarjapur, Whitefield and other growth corridors. Leadership includes designated partners Shravanth Pillareddy, Pilla Reddy Novin (Managing Partner) and Rami Reddy Sandeep Kumar Reddy, combining corporate governance experience and industry awards. Notable projects include Soulace (villas on Sarjapur Road) and Engrace (apartments in Whitefield), with a mix of ready possession, near-term handovers and several new launches planned. The firm claims ~1M sq.ft delivered, ~3M sq.ft under development and 15M+ sq.ft planned, pursuing low-density and sustainability features in many projects.

Founded November 2019 and incorporated as Modern Spaaces Ventures LLP (5 Oct 2023), the company has moved from early launches to delivering projects and starting possession cycles — e.g., Soulace villas (possession started Dec 2023) and Engrace (launched Jul 2022; possession starting Jun 2025). Their timeline shows steady expansion with a growing project pipeline.

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Developer Projects

Portfolio is residential-focused — villas, plotted developments and apartments — positioned across Bangalore growth corridors (Sarjapur Road, Whitefield, Varthur-Sarjapura). Product range skews mid-to-premium with low-density, lakeview and sustainable design features (solar common-area power, rainwater harvesting), and amenities from clubhouses and pools to specialized facilities (amphitheatre, squash, skating rinks).

Soulace by Modern SpaacesResidential Community | Villa

SarjapurBangalore

Engrace by Modern SpaacesResidential Community | Apartment

WhitefieldBangalore

Circle of HappinessResidential Community | Plot

Varthur-SarjapuraBangalore

Ivy CountyResidential Community | Plot

Varthur-SarjapuraBangalore

Central ParkResidential Community | Apartment

SarjapurBangalore

OnyxResidential Community | Apartment

MugalurBangalore

Green StoreysResidential Community | Apartment

SompuraSarjapurBangalore

WindmereResidential Community | Apartment

HaralurOffBangalore

Walk Town ResidencesResidential Community | Apartment

ChambenahhalliSarjapurBangalore

Tranquil TerracesResidential Community | Apartment

DommasandraSarjapurBangalore

FAQ

Who are the owners ?

Modern Spaaces Ventures LLP — Designated Partners:
- Pilla Reddy Novin — Managing Partner (award: Young Achiever 2024)
- Shravanth Pillareddy — Designated Partner (≈10 years corporate governance experience; associated with multiple companies)
- Rami Reddy Sandeep Kumar Reddy — Designated Partner (≈7 years experience; associated with multiple companies)

(Company website: https://modernspaaces.com )

When was the company founded ?

Founded: November 2019.
Legal incorporation note: Modern Spaaces Ventures LLP incorporated on 5 October 2023.
Total operating experience: about 5–6 years since founding (2019–2025).

Is this a public company ?

No — Modern Spaaces is a private limited liability partnership (LLP), not publicly traded.
Financial transparency: no CRISIL/public credit rating was found and there are no reported financial disputes in available sources. Project-scale figures (delivered/under development/planned) are reported by the company but detailed audited financial statements are not publicly available.

Which are the builder's popular projects ?

Soulace by Modern Spaaces (Sarjapur Road, Bangalore): Premium villa project — 4 BHK (3,387 sq.ft) & 5 BHK (4,235 sq.ft). Amenities include amphitheatre, senior citizen & pet parks, squash court, multi-purpose futsal court, party hall, kids play areas. Possession started Dec 2023.
Engrace by Modern Spaaces (Whitefield, Bangalore): Apartment project launched Jul 2022 — 2 / 2.5 / 3 / 3.5 BHK (855–1,450+ sq.ft). Clubhouse, pool, 24/7 security; possession starting Jun 2025.
Engrace Vista (Sarjapur): Exclusive 3 BHK community (2,116–2,200 sq.ft) with solar power for common areas and rainwater harvesting; possession expected Jun 2027.
Onyx (Mugalur Sarjapur Road): Apartment launch with 2.5 BHK (1,634 sq.ft) and 3 BHK (1,931–2,030 sq.ft), low-density design and MIVAN construction tech; starting price ~₹1.06 Cr (new launch).
Circle of Happiness & Ivy County (Varthur–Sarjapura Road): Plotted developments (plots 1,200–4,000 sq.ft) with lifestyle amenities; new launches with future possession/RERA milestones.

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