Real Estate

Real Estate Transactions

Nilekani's family trust buys Rs.58-Cr property in Bengaluru's Koramangala

Mint  

NRJN Family Trust, an investment firm established by Infosys co-founder and non-executive chairman Nandan Nilekani, has bought a prime property in Bengaluru's Koramangala 3rd Block, referred to as the 'billionaire street', for INR 58 crore. The property is a 9,600 sq ft land parcel with built-up area of 3,082.07 sq ft, and was bought from Suresh Ganesh Heble. The trust has paid INR 2 crore as stamp duty. It has paid about INR 60,418 per sq ft.