[ad_1]
Gopal SrinivasanCMD TVS Capital Fund had bought a residential A property worth around Rs 15 crores in one of the most important property transactions in Bangalore in 2022.
located on property Rest House Crescent Road Spread over 6000 sq ft with built-up area of 2600 sq ft. It includes a dwelling house, outhouse, garage and other outbuildings. “The property was registered in November and the buyer has paid over Rs 95 lakh as stamp duty,” cites a sales document shared by Zappkey.
Srinivasan represents a member of the third generation TVS family. recently TVS Group Restructuring was done under which, TVS Investments Pvt Ltd (TIPL) under the control of Gopal Srinivasan family was divided. this also includes TVS Electronics Ltd. and TVS Capital Funds Pvt. Ltd.
Bangalore has seen some big ticket luxury to super luxury residential bungalows priced from Rs 15 crore to Rs 50 crore this year alone.
Among the big deals closed recently are politician KJ George’s son Rana George buying a residential property in Kingfisher Towers and NRJN Family Trust for about Rs 35 crore, set up by co-founder and non-executive chairman Nandan Nilekani . Infosys Technologies bought a residential property in Koramangala, Bangalore for approximately Rs 58 crore in one of the biggest property transactions.
SGK Investment Trust, the family office of Krish Gopalakrishnan, recently bought two properties Bangalore‘Billionaire’s Bouquet’ for about Rs 76 crore and Quess Corporation Working President Ajit Isaac also bought a bungalow in Koramangala for about Rs 52 crore.
Bengaluru’s residential market has recorded sales of 35,446 units in the nine-month period of 2022, which is the highest ever compared to the full-year numbers of all previous years. The city was the largest in terms of sales during the period among the top seven cities.
[ad_2]
Source link