Lifestyle International gets residential plot in B'luru at Rs 15.2 cr

25 Nov 2021 CW Team

Kabir Lumba, Chairman of the Board of Lifestyle International, has purchased a residential plot in Epsilon, a prime Bengaluru location, for Rs 15.2 crore.

Madhuri Genomal, wife of Sunder Genomal, MD of Page Industries, and her daughter, Pamela Kripalani, had previously purchased the property jointly owned by Lumba and his wife.

The property is located on Yemlur Main Road, Bengaluru, which is off the Old Airport Road, in the upscale gated community of Yemlur Homeowners Association, which spans 10,000 square feet. Epsilon, according to documents accessed by zapkey (dot) com, by Invitation projects.

According to a person familiar with the situation, the sale between the two parties was completed last month for vacant land in Epsilon. Jockey's underwear manufacturer Jockey has Page Industries as one of its most important licensees worldwide.

Lumba is currently based on Jumeirah Island in Dubai and has over 14 years of experience leading Lifestyle and Home Centre businesses in India before becoming CEO of Max Middle East in 2018 and then CEO of Landmark Group.

Epsilon is a premier residential development in east Bengaluru, with large floor plans ranging from 7,000 to over 10,000 square feet. The villa plots are priced between Rs 13,000 and Rs 15,000 per sq ft, depending on the plot size and location.

Epsilon is Bengaluru's most prestigious address, and it is home to some of the city's most prominent figures, including Bigbasket co-founder Abhinay Choudhari and Bjyu Raveendran, among others.

Silicon city has recently seen a number of large residential deals, including plots. Anand Surana of Bengaluru-based generics firm Micro Labs and Raj Menda, corporate chairman of RMZ Group, are among those who have purchased the property in the Blessington project. The purchase of two properties in Bengaluru's billionaire's boulevard, Koramangala, by Kris Gopalkrishnan, followed.

Image Source

Kabir Lumba, Chairman of the Board of Lifestyle International, has purchased a residential plot in Epsilon, a prime Bengaluru location, for Rs 15.2 crore. Madhuri Genomal, wife of Sunder Genomal, MD of Page Industries, and her daughter, Pamela Kripalani, had previously purchased the property jointly owned by Lumba and his wife. The property is located on Yemlur Main Road, Bengaluru, which is off the Old Airport Road, in the upscale gated community of Yemlur Homeowners Association, which spans 10,000 square feet. Epsilon, according to documents accessed by zapkey (dot) com, by Invitation projects. According to a person familiar with the situation, the sale between the two parties was completed last month for vacant land in Epsilon. Jockey's underwear manufacturer Jockey has Page Industries as one of its most important licensees worldwide. Lumba is currently based on Jumeirah Island in Dubai and has over 14 years of experience leading Lifestyle and Home Centre businesses in India before becoming CEO of Max Middle East in 2018 and then CEO of Landmark Group. Epsilon is a premier residential development in east Bengaluru, with large floor plans ranging from 7,000 to over 10,000 square feet. The villa plots are priced between Rs 13,000 and Rs 15,000 per sq ft, depending on the plot size and location. Epsilon is Bengaluru's most prestigious address, and it is home to some of the city's most prominent figures, including Bigbasket co-founder Abhinay Choudhari and Bjyu Raveendran, among others. Silicon city has recently seen a number of large residential deals, including plots. Anand Surana of Bengaluru-based generics firm Micro Labs and Raj Menda, corporate chairman of RMZ Group, are among those who have purchased the property in the Blessington project. The purchase of two properties in Bengaluru's billionaire's boulevard, Koramangala, by Kris Gopalkrishnan, followed. Image Source

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..