MJR Pearl Project – project Status Update july 2025!?

MJR Pearl Project – Status Update.

Introduction

MJR Pearl is a premium residential development nestled in the vibrant neighborhood of Whitefield, Bengaluru. Spanning nearly 5 acres, this gated community offers a perfect blend of contemporary architecture, thoughtful design, and modern amenities. Developed by MJR Builders, the project comprises 416 elegant units across 7 towers, with options ranging from 1 to 3 BHK. With possession already completed and all amenities in full swing, MJR Pearl stands out as a ready-to-move-in address ideal for both homebuyers and investors. This blog provides a detailed update on the project's current status, pricing trends, and market positioning.

Project status update july 2025!!

Project Overview

• Location: Maithri Layout, Kadugodi, Whitefield, Bengaluru

• Spread: ~4.91 acres with 7 towers, featuring 416 duplex units

• Unit Types: 1, 2, 2.5, and 3 BHK apartments sized between 600 – 2,540 sq ft.

Construction & Completion

• Possession: Completed and ready to move since December 2016 

• Current Status: Fully finished, handed over—project is unequivocally “Ready to Move” 

Recent Activity and Marketing

• The model flat is completed, and efforts are underway to decorate the entrance and the marketing office. Plans were to launch sales marketing by mid‑March (year unspecified) 

• As of now, the project has reached full occupancy and all amenities are functional; marketing efforts focus on resale and investor interest, not new construction 

Amenities & Facilities

Residents enjoy a wide array of amenities:

• Swimming pool including toddler section

• Gym, health club, indoor badminton court

• Tennis court, basketball hoop, multipurpose hall

• Landscaped gardens, jogging track, children’s play area

• On‑site ATM and mini‑store, plus community social spaces 

Market Snapshot & Pricing Trends

• Price Range: 2 BHK apartments (e.g. ~1,155 sq ft) start around ₹75 lakh, while 3 BHK units (up to 2,520 sq ft) go up to ₹1.65 Cr 

• Median Rate: Approximately ₹11,100 per sq ft; compared to ~₹11,800 in broader Whitefield market 

• Resale Listings: Recent resale rates vary between ₹11,000 to ₹12,500 per sq ft depending on furnishing, floor, and size (~₹1.3–1.4 Cr for typical 2 BHK units)

Status Timeline

Milestone	Timeline
Project Launch	March 2013
Completion & Possession	December 2016
Model Flat Delivery	Recently completed (model)
Entrance & Marketing Area	Decor updates as of latest
Current Stage	Fully ready for resale

What’s Next?

• For Potential Buyers: Since the project is completed, focus is now on resale opportunities rather than new units. Explore resale listings with actual pricing and configurations detailed above.

• For Residents: All amenities are operational. Networking around resale, transfers, or renting is now accessible through brokerage platforms and owner contacts.

• For Investors or Analysts: Expect steady resale activity in line with Whitefield’s broader price range; projected rental yields for 2–3 BHK in this area range from ₹42k–63k/month 

Summary

• MJR Pearl is a completed and RERA-original delivered project with possession granted since late 2016.

• All physical construction—including the model flat, entrance, and marketing office—is complete.

• The property is now entirely focused on resale, not new sales.

• Pricing aligns with the Whitefield market: typically ₹11k–12.5k/sq ft depending on specifics.

Final Thoughts

MJR Pearl offers a stable, ready-to-move-in investment or home option in Whitefield. Whether you're looking to buy, rent, or resell, the focus is now on secondary-market transactions rather than new builds. If you’d like, I can help analyze current resale listings, rental yield projections, or financing options.