TVS Emerald Acquires 7.18 Acre in Bengaluru for Rs 7 Bn Housing Project
Real Estate

TVS Emerald Acquires 7.18 Acre in Bengaluru for Rs 7 Bn Housing Project

TVS Emerald, the real estate division of the TVS Group, has acquired a 7.18-acre prime land parcel near Rayasandra Lake in southeast Bengaluru to develop a premium residential project. The company anticipates the project will generate revenue exceeding Rs 7 billion.

This acquisition marks TVS Emerald’s seventh major land purchase in Bengaluru, underscoring its increasing focus on the city as a key real estate market. The location near Rayasandra has been noted for its strategic advantage due to its proximity to Bengaluru’s IT corridor and ongoing infrastructure improvements, which are expected to drive demand for premium housing in the area.

Details regarding the project’s launch date and configuration have yet to be announced.

Earlier in the year, TVS Emerald acquired a 10-acre land parcel in Sathnur, Bengaluru, with a development potential of 1.4 million sq ft and projected revenue of Rs 16 billion. The company has also acquired two land parcels in Chennai—a 12-acre site on Radial Road and a 4.8-acre parcel in Padur—as well as a four-acre parcel in Thanisandra, Bengaluru.

Overall, TVS Emerald’s ongoing and upcoming projects collectively cover over 8 million sq ft, reflecting the brand’s significant development potential.

News source: Hindustan Times


TVS Emerald, the real estate division of the TVS Group, has acquired a 7.18-acre prime land parcel near Rayasandra Lake in southeast Bengaluru to develop a premium residential project. The company anticipates the project will generate revenue exceeding Rs 7 billion.This acquisition marks TVS Emerald’s seventh major land purchase in Bengaluru, underscoring its increasing focus on the city as a key real estate market. The location near Rayasandra has been noted for its strategic advantage due to its proximity to Bengaluru’s IT corridor and ongoing infrastructure improvements, which are expected to drive demand for premium housing in the area.Details regarding the project’s launch date and configuration have yet to be announced.Earlier in the year, TVS Emerald acquired a 10-acre land parcel in Sathnur, Bengaluru, with a development potential of 1.4 million sq ft and projected revenue of Rs 16 billion. The company has also acquired two land parcels in Chennai—a 12-acre site on Radial Road and a 4.8-acre parcel in Padur—as well as a four-acre parcel in Thanisandra, Bengaluru.Overall, TVS Emerald’s ongoing and upcoming projects collectively cover over 8 million sq ft, reflecting the brand’s significant development potential.News source: Hindustan Times

Next Story
Technology

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?