Tata Realty acquires 25.3 acres of Prime Bengaluru Land for Rs 9.86 bn
Real Estate

Tata Realty acquires 25.3 acres of Prime Bengaluru Land for Rs 9.86 bn

As per a regulatory filing on August 8, Tata Realty and Infrastructure (TRIL), the real estate development arm of the Tata Group, has acquired a 25.3-acre land parcel in Bengaluru for a sum of Rs 9.86 billion. The seller in this transaction is Graphite India. The acquisition was carried out through two wholly-owned subsidiaries of TRIL, namely TRIL Bengaluru Real Estate Five and TRIL Bengaluru Real Estate Six.

Situated in Doddanekundi Village adjacent to KR Puram Hobli in the northeastern part of Bengaluru, the land area is highly regarded by real estate experts due to its proximity to the IT hub of Whitefield. The prevailing land values in this area range between Rs 250 million and Rs 300 million per acre.

Tata Realty has ambitious plans in the pipeline. It intends to introduce a total of 5 million square feet of office space in Bengaluru, encompassing two IT parks. These forthcoming ventures will require an investment of Rs 40 billion and are scheduled to be launched by the conclusion of this year.

The forthcoming plans for Tata Realty encompass the launch of at least two IT parks focused on office spaces within Bengaluru. These projects will span approximately 30 acres, spanning across the northern region of the city, such as Hebbal, and the eastern IT corridor around Whitefield.
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

As per a regulatory filing on August 8, Tata Realty and Infrastructure (TRIL), the real estate development arm of the Tata Group, has acquired a 25.3-acre land parcel in Bengaluru for a sum of Rs 9.86 billion. The seller in this transaction is Graphite India. The acquisition was carried out through two wholly-owned subsidiaries of TRIL, namely TRIL Bengaluru Real Estate Five and TRIL Bengaluru Real Estate Six.Situated in Doddanekundi Village adjacent to KR Puram Hobli in the northeastern part of Bengaluru, the land area is highly regarded by real estate experts due to its proximity to the IT hub of Whitefield. The prevailing land values in this area range between Rs 250 million and Rs 300 million per acre.Tata Realty has ambitious plans in the pipeline. It intends to introduce a total of 5 million square feet of office space in Bengaluru, encompassing two IT parks. These forthcoming ventures will require an investment of Rs 40 billion and are scheduled to be launched by the conclusion of this year.The forthcoming plans for Tata Realty encompass the launch of at least two IT parks focused on office spaces within Bengaluru. These projects will span approximately 30 acres, spanning across the northern region of the city, such as Hebbal, and the eastern IT corridor around Whitefield.

Next Story
Infrastructure Transport

Atal Setu Records Daily Traffic Below Projections in First Year

India’s longest sea bridge, Atal Setu, which connects Sewri in Mumbai to Chirle in Navi Mumbai, has reported an average daily traffic of 22,689 vehicles in its first year, falling short of the initial projection of 56,000 vehicles per day. The 22-kilometer bridge, inaugurated by Prime Minister Narendra Modi on January 12, 2024, was constructed at a cost of Rs 178.4 billion and is hailed as a milestone in Maharashtra’s infrastructure development. According to the Mumbai Metropolitan Region Development Authority (MMRDA), the Atal Setu, formerly known as the Mumbai Trans Harbour Link (MT..

Next Story
Infrastructure Transport

Railway Board Tightens Rules for Bridge Design After Pamban Lapses

The Railway Board has mandated all zones to inform the Commissioner of Railway Safety (CRS) about the special features of significant and innovative bridges during the design phase. This directive, issued on January 10, follows findings from Southern Circle Railway Safety Commissioner AM Chowdhary, who identified critical lapses in the construction of the newly built Pamban Bridge. The Pamban Bridge, India’s first vertical-lift rail bridge, connects the mainland to Rameswaram Island in Tamil Nadu. Its construction came under scrutiny last November when the CRS flagged issues prior to gr..

Next Story
Infrastructure Urban

IISc and Tata Group to Launch Rs 5 Billion Medical School in Bengaluru

The Indian Institute of Science (IISc), Bengaluru, and the Tata Group have announced a partnership to establish the Tata IISc Medical School on the IISc Bengaluru campus. As part of the collaboration, the Tata Group will contribute Rs 5 billion to support the development of the institution. The Tata IISc Medical School is envisioned as a centre of excellence that combines basic science and engineering with clinical research and medical education. It will specialize in areas such as oncology, cardiology, neurology, nephrology, diabetes and metabolic disorders, infectious diseases, integrat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000