Sipani Properties

Sipani Properties is a Bengaluru-based real estate developer with ~20+ years in real estate (group business roots from the 1980s) led by Chairman RK Sipani and Managing Director Dinesh Sipani. The group has delivered multiple residential projects across Electronic City, Koramangala, Bannerghatta Road and Tumkur Road, and runs large-scale social service initiatives through RK Sipani Foundation (Sipani Seva Sadan). Key recent projects include Sipani Bliss Phases 1 & 2, Sipani Jardin, Sipani Viveza and Sipani Pennantia, spanning 1–4 BHK configurations and 25+ resident amenities.

The Sipani Group moved into real estate in 2004 after decades in other industries (automotive, timber, plastics). Since 2004 it has launched numerous residential projects — from early Koramangala developments in 2011–2016 to multiple Electronic City and Chandapura launches through the 2010s and 2020s.

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Developer Projects

Primarily residential apartments (1–4 BHK) across mid-to-large gated communities with 25+ amenities (clubhouse, pool, gym, play areas, landscaped gardens). Projects range from ready-to-move luxury/quality builds in Koramangala to large township-style developments and mid-market offerings near Electronic City and Bannerghatta Road.

Sipani Bliss Phase 1Residential Community | Apartment

ChandapuranearBangalore

Sipani Bliss Phase 2Residential Community | Apartment

ChandapuranearBangalore

Sipani JardinResidential Community | Apartment

ChandapuranearBangalore

Sipani Royal Heritage Phase 1Residential Community | Apartment

ChandapuraAnnekalBangalore

Sipani PennantiaResidential Community | Apartment

Gottigere/HulimavuBangalore

Sipani VivezaResidential Community | Apartment

ElectronicBangalore

Sipani SamuhaResidential Community | Apartment

TumkurWest

Sipani ClasseResidential Community | Apartment

KoramangalaBangalore

Sipani GrandeResidential Community | Apartment

KoramangalaBangalore

Sipani Santa MonicaResidential Community | Apartment

BannerghattaBangalore

FAQ

Who are the owners ?

RK Sipani — Chairman (promoter; philanthropic lead via RK Sipani Foundation)
Dinesh Sipani — Managing Director (oversees finance, land procurement and group subsidiaries)
Ramesh Kumar Sipani — Joint Managing Director (corporate governance, promoter/director)
Ridh Karan Sipani — Director (promoter)
Hemanth Kumar — General Manager, Sales & Marketing
Pushparaj Raj — General Manager

Note: All listed directors are promoters; company employed 31 professional staff as of April 2024.

When was the company founded ?

Sipani Group entered real estate in 2004 (group business roots date to the 1980s in automotive). That gives the group roughly 21 years of real-estate experience (2004–2025) and several more decades of broader business experience.

Is this a public company ?

No — Sipani Properties is a private company (Sipani Properties Private Limited). Available financial data: authorized capital ₹12,00,00,000; reported paid-up capital ₹1,125; promoter holding reported at 100% (2020); reported revenue approx. $8.4M. Historical credit event: BWR rating downgrade to D in Dec 2019 for delays; a consumer complaint was dismissed in Nov 2024.

Which are the builder's popular projects ?

Sipani Bliss Phase 1 (Chandapura, near Electronic City) — 2 & 3 BHK; 25+ amenities; launched Feb 2014, possession completed Dec 2017.
Sipani Bliss Phase 2 (Chandapura) — 1, 2 & 3 BHK; similar amenity set; launched Feb 2014, possession completed Nov 2017.
Sipani Jardin (Chandapura) — 1–3 BHK with private gardens; clubhouse, pool, courts; launched Aug 2015, possession completed Dec 2021.
Sipani Viveza (Electronic City Phase 1) — 2 & 3 BHK in a 3.25-acre gated community with terrace gardens and a 3-story clubhouse; possession started May 2023.
Sipani Pennantia (Gottigere/Hulimavu) — 2 & 3 BHK; RERA compliant with a 3-story clubhouse; launched Jan 2020, possession starts Sep 2025.
Sipani Royal Heritage Phase 1 (Chandapura/Annekal Main Road) — 1–3 BHK variants with extensive amenities; launched Mar 2018, possession expected Dec 2026.
Sipani Classe & Sipani Grande (Koramangala) — completed luxury/mid-market projects (Classe launched 2013, Grande launched 2011) that helped establish the brand in central Bengaluru.
Sipani Seva Sadan — charitable residential facility (established 2011; expanded 2015) run by RK Sipani Foundation (social service rather than a commercial project).

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