Bengaluru skyline with construction site and rising growth arrow.
Tata Realty and Infrastructure Ltd has entered into a binding agreement to purchase over 38 acres of land in Bengaluru from Hinduja Group companies for approximately INR 2300 crore (USD 275 million). This transaction marks Bengaluru’s largest land deal in terms of both size and value.
The acquisition reflects strong investor confidence in Bengaluru’s office market, highlighting increasing competition from domestic developers against global investors. Previously, Blackstone had also evaluated the asset.
The deal underscores the continued interest in the Indian commercial real estate market, particularly in Bengaluru, a key hub for technology and outsourcing services. Tata Realty’s investment signals a strategic move to expand its footprint in a high-demand market.
About the Author
