In a high-end real estate transaction in Bengaluru 's Indiranagar locality, a residential property has been sold for ₹ 47.5 crore, property registration documents accessed through proptech platform Zapkey showed. As per details cited in the said documents, the 8,800-square feet land parcel housing an independent residential unit spanning a built-up area of 2,500 square feet is located in Defence Colony.
Adjacent to the popular 100 Feet Road, Defence Colony is an upscale residential neighbourhood in Bengaluru, lined with wide roads and decade old trees. It is home to some of the top company executives and real estate developers in the city. Also Read: Mumbai watch out! Buyers are now lapping up over ₹ 10-crore luxury apartments in Bengaluru The property transaction, which was registered on July 25, 2024, named duo Shrinibash Sahoo and Himadri Tanaya Lenka as the buyers.
Sahoo runs multiple companies in Odisha and the Lyfe Hotel in Bhubaneswar. Queries have been sent to Shrinibash Sahoo by HT.com on mail.
The story will be updated if/when a response is received. Luxury housing deals in Bengaluru While high-end real estate deals are a common occurrence in Mumbai, Bengaluru is fast following in the footsteps with rising demand for luxury properties in recent times. In what is touted as Bengaluru's most expensive land deal, Ajit Isaac, founder and chairman of staffing company Quess Corp, purchased a 10,000 square foot plot at ₹ 70,300 per square feet, or a total of ₹ 67.
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