When Lodha chose a location for its entry into Bangalore, it picked the stretch where Thanisandra Main Road meets the Outer Ring Road, next to Manyata Tech Park. Lodha Mirabelle is strategically located at the intersection of Outer Ring Road (ORR) and Thanisandra Main Road, developed as an IGBC Gold-certified green community. Lodha's first project in the city, Lodha Mirabelle, is located near Manyata Tech Park, and this was followed by Lodha Azur near Bannerghatta Road. That sequencing matters: a developer known for Mumbai's skyline chose Thanisandra, not a South Bangalore address, to introduce itself to Bengaluru buyers, a decision that tracks directly with the locality's proximity to one of the city's largest employment campuses.
Lodha was founded in 1980 by Mangal Prabhat Lodha and is headquartered in Mumbai. The company has developed residential and commercial properties in Mumbai, Thane, Hyderabad, Pune, Bengaluru and London. Its notable projects include Lodha Altamount, World Towers, Lodha Bellissimo, Trump Tower Mumbai and Lodha Park. The company's 2021 IPO on the BSE and NSE raised approximately ₹2,500 crore. That listed, audited scale is part of what a Thanisandra buyer is underwriting when they choose Lodha over a purely regional builder. In Bangalore itself, Lodha's portfolio now spans South, North and East corridors — from Bannerghatta Road and Sarjapur Road to Manyata Tech Park and Airport Road. The developer has deliberately picked micro-markets in North and East Bangalore that have seen rapid infrastructure growth, strong connectivity and sustained residential demand, and Thanisandra was the first of these bets.
Lodha Mirabelle occupies a gated parcel directly off Thanisandra Main Road, adjoining Nagavara and the Manyata Tech Park campus. Lodha Mirabelle is a luxury residential apartment project launched right inside the Manyata Tech Park corridor in Nagavara, off Hebbal, and is built to bring the Lodha Group's quality-living standard to this North Bangalore community. The residences run across configurations that suit both upgrading families and larger households: the project comes in variants of 2, 3, 3.5, and 4 BHK apartments. A later phase extended the format further upward: spread across an expansive land parcel of 19.3 acres, this phase is designed with spacious 3.5 and 4 BHK apartments crafted for discerning homebuyers seeking luxury, comfort and functionality. Amenity provisioning is built around a large clubhouse and sports infrastructure rather than a token set of facilities; the project carries over 30 amenities including a swimming pool, multipurpose court, tennis court, basketball court, amphitheater and cricket pitch. On timelines, Lodha Group's stated possession for the project is December 2028, while the later phase carries a proposed possession timeline of 2030.
The commercial logic behind Lodha's Thanisandra bet is straightforward proximity to jobs. The site sits roughly 650 metres from Elements Mall, 1.3 km from Nagawara Metro Station, and 2.7 km from Nagavara Railway Station. Beyond the metro, the road network is already built out: Thanisandra is served by Thanisandra Main Road and the Outer Ring Road, with Bengaluru International Airport reachable in about 35 minutes and the CBD in around 45 minutes. The metro connection is no longer a distant promise. Nagawara is an upcoming underground terminal station on the Pink Line and an upcoming elevated station on the Blue Line, and it will function as an interchange between the two. The Pink Line's underground stretch through Nagawara is targeted to open around December 2026, which places a Lodha Mirabelle resident within walking distance of a north-south rail corridor that also links onward to the airport via the Blue Line.
Thanisandra's residential price curve has moved sharply over the past few years, underscoring why Lodha entered here rather than a more mature, fully-priced-in North Bangalore pocket. As of 2026, property prices in the locality stand at around Rs 11,600 per sq ft. The area's average property rate rose by about 28.7% year-on-year through 2025, and flat rates in Thanisandra have changed by roughly 90% over the last five years and nearly 140% over the last decade. Demand is still being fed by new supply rather than a saturated resale market: the share of under-construction projects in Thanisandra is around 20.7%, compared with 9.7% in neighbouring Hebbal, which is consistent with a location still absorbing large-format launches like Mirabelle. The demand driver behind that appreciation is employment density, not speculation: the locality is well connected to tech parks like Manyata Tech Park and Kirloskar Business Park, which support a significant resident professional population. Social infrastructure has kept pace, with landmarks including Manyata Tech Park, Elements Mall, and Aster CMI Hospital giving the area a professional-friendly, high-energy character.
Thanisandra is not a one-off for the developer; it is the anchor of a wider North and South Bangalore rollout. Across its portfolio, Lodha brings over 40 years of experience and more than 85,000 homes delivered to Bangalore's premium residential market. Since Mirabelle, the company has added projects along other growth corridors — Lodha Haven on Hosa Road in South Bangalore, positioned near Electronic City, NICE Road, and Sarjapur Road, and Lodha Fiorana Beaumont Estate at Sadahalli on Airport Road, spread across a 70-acre garden estate with 85% open green space. Seen against that spread, Thanisandra represents Lodha's North Bangalore, IT-corridor-facing bet, distinct from the lake-facing product it built later on Bannerghatta Road or the airport-facing township format further north.
