MAIA Estates LLP announced the launch of its project Pelican Grove in Bengaluru

It was a big announcement impacting the real estate market in Bengaluru, when MAIA Estates LLP announced the launch of its project Pelican Grove in the city. Founded in 2016 by its CEO Mayank Ruia, MAIA  will be focussing on developing the highest quality real estate across various socio-economic segments of Bengaluru. Mayank was previously group director – Residential at Phoenix Mills and responsible for the development of its residential assets in Bengaluru and Pune. MAIA Estates is a partnership between Ruia, who is the operating partner and the Manipal Group, comprised of Global Education Services Pvt. Ltd chairman TV Mohandas Pai, Manipal Education and Medical Group (MEMG) Chairman, Dr.Ranjan Pai, and group corporate affairs advisor, Abhay Jain, who have jointly acquired a minority stake in MAIA Estates LLP. Speaking about MAIA Estates, Ruia mentioned “We wanted long-term partners who would be with us through this journey. As a developer, we would like to be known as someone who brings efficiency into all aspects of a project, with extremely well planned spaces and attention to detail. MAIA Estates was founded to represent the values of real estate development in modern India. We have built ourselves on the pillars of meticulous planning, best-in-class partnerships, intensive and researched design, excellent quality, speed of execution and most importantly the knowledge that we provide a vital service to our customers through our work.”