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

10 Aug 2023 CW Team

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.

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..