The NRJN Family Trust which has been established by Nandan M Nilekani, co-founder and chairman of Infosys, bought a property in Bengaluru’s Billionaire Street Koramangala area for Rs 59 crore.
According to documents accessed by Zapkey.com the property is spread over a total built-up area of 4,200 sq ft and is situated on the 3rd Block of Koramangala Extension. The documents also show that the entire plot area is 9,600 sq ft.
Documents show that the NRJN Family Trust was represented by its corporate trustee Entrust Family Office Legal and Trusteeship Services Pvt Ltd. The deal was registered on September 26.
Earlier this year in April the NRJN Family Trust had bought a property for Rs 58 crore in the same area. The trust is owned by Nilekani and his family.
A message sent to Nandan Nilekani requesting for a comment, got us no response.
Some previous big ticket deals that ook place in Bengaluru.
According to reports, in May this year, the owner of Shankara Building Products Ltd, Sukumar Srinivas, had bought two properties in Bengaluru’s Koramangala area for Rs 44.60 crore.
Other high-profile deals that took place in Koramangala in the past couple of years, include again one by NRJN Family Trust where the trust paid Rs 39.8 crore in December 2019 for a property.
Raja Bagmane shelled Rs 43.2 crore in November 2019 for a property.
Nandan Nilekani’s daughter Jhanavi paid Rs 30 crore for a property in December 2019.
In June 2020, a very known face Sudha Murthy, bought a property for Rs 28 crore, in Bengaluru.
Also Read: At Rs 1.15 lac psf, Samudra Mahal Apartments sold for Rs 42 Crore
