TVS Emerald buys 2nd land parcel in Bengaluru

The land parcel is located in a well-developed neighbourhood that is close to Richmond Circle, Cubbon Park and easily accessible from MG Road. The land is estimated to have a development potential of over Rs 400 cr.

DT NEXT Bureau

Updated:5th Dec, 2022 at 9:09 PM

CHENNAI: Emerald Haven Realty Ltd (TVS Emerald) has purchased 1.14 acres of land in the central business district, Bengaluru.

The land parcel is located in a well-developed neighbourhood that is close to Richmond Circle, Cubbon Park and easily accessible from MG Road. The land is estimated to have a development potential of over Rs 400 cr.

Sriram Iyer, president-CEO, TVS Emerald, said, “This is our second project in Bengaluru after the success of our recent launch, TVS Emerald Jardin, Singasandra. We have sold about 80% of our inventory in less than 2 months of the launch."

"This new project will cater to the uber luxury residential segment. CBD is one of the preferred localities in Bengaluru with a growing demand for high-end residential spaces. The project is expected to be launched in FY’24,” he added.

TVS Emerald buys 2nd land parcel in Bengaluru

The land parcel is located in a well-developed neighbourhood that is close to Richmond Circle, Cubbon Park and easily accessible from MG Road. The land is estimated to have a development potential of over Rs 400 cr.

Also Read

CM Vijay approves 1,000 electric buses for MTC fleet

Sonia Gandhi trying to justify Emergency, memoir should've been named 'Whitewashing': BJP

Andhra Pradesh Deputy CM Pawan Kalyan, Anna Konidela part ways

Trump after meeting Qatar PM says he believes war with Iran is 'effectively over'

Scandal-hit TVK likely to crack whip on Dy Speaker, Kallakurichi MLA