TVS Emerald Acquires 10-Acre Land Parcel in Bengaluru

28 Feb 2025 CW Team

Strengthening its presence in key real estate markets, TVS Emerald has acquired a 10-acre land parcel in Sathnur, Bengaluru, with a development potential of 1.4 million sq ft and an estimated revenue potential of Rs 16 billion.

This marks the fourth acquisition by TVS Emerald in the current financial year, bringing the company's total revenue potential from land deals in FY25 to Rs 53 billion.

Expanding Footprint Across Bengaluru & Chennai The developer has been on an aggressive expansion spree, having previously acquired:

12-acre parcel on Radial Road, Chennai 4.8-acre parcel in Padur, Chennai 4-acre parcel in Thanisandra, Bengaluru With this latest acquisition, TVS Emerald's total project pipeline now stands at 8.2 million sq ft, reinforcing its market dominance in Bengaluru and Chennai.

Bengaluru’s Booming Real Estate Market According to Anarock's latest data, Bengaluru remains a key market for real estate transactions:

307 acres transacted across 26 land deals in the city. MMR (Mumbai Metropolitan Region) led with 607 acres across 30 deals. Delhi NCR followed with 417 acres across 38 deals. With the high demand for premium residential spaces and rising real estate investments, TVS Emerald's strategic acquisitions place the company at the forefront of Bengaluru’s evolving real estate landscape.

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