Tata Realty acquires Bengaluru land from Hinduja Group for Rs.2,300-Cr

Bengaluru-based Hinduja Group companies Gulf Oil Corp and Hinduja Realty Ventures have sold over 38 acres of land in Bengaluru to Tata Realty and Infrastructure Ltd (TRIL) for approximately INR 2,300 crore. CBRE advised the transaction.The acquired land represents the largest land transaction in Bengaluru by both size and value. TRIL plans to develop the site into a Grade A office-led campus, targeting multinational occupiers and global capability centers (GCCs) in North Bengaluru.