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Bangalore | June 24, 2025 — Real estate developer TVS Emerald has further expanded its footprint in Bangalore with the acquisition of a 7.18-acre land parcel in the fast-developing Rayasandra area. The deal marks the company’s seventh major acquisition in the city, reinforcing its long-term commitment to the Bengaluru real estate market.

The newly acquired land is located near Rayasandra Lake, a sought-after micro-market known for its connectivity and livability. Positioned close to key IT corridors, educational institutions, and commercial hubs, the site is expected to be developed into a premium residential project. The estimated revenue potential from this development is projected to exceed ₹700 crore.

Speaking on the development, Sriram Iyer, Director & CEO of TVS Emerald, said, “We look forward to increasing our presence in Bangalore with this strategic acquisition in Rayasandra. This site presents an excellent opportunity to develop a premium residential development with its superior location within an established residential micro-market in Bangalore.”

The acquisition is in line with TVS Emerald’s strategy to scale its operations in high-demand urban markets, with Bangalore continuing to play a pivotal role in the company’s growth trajectory.

Also Read: Mumbai Leads India’s Real Estate Market in Q1 2025

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