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.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..