TVS family scion bags Bengaluru property for Rs 14.5 cr

Bengaluru is among few Indian cities where the property prices witnessed an appreciation over the last 5-6 years.

FPJ Web DeskUpdated: Monday, December 12, 2022, 10:03 PM IST
article-image
Twitter

TVS Capital Funds founder Gopal Srinivasanhas bagged a property in Bengaluru for Rs 14.5 crore. He is the son of T.S. Srinivasan and is part of the TVS family's third generation. The family also controls TVS Motors.

The property in Rest House Crescent Road is spread over an area of 6,336 sq ft at the heart of Electronic City, alongside colonial houses where no one stays. The property was earlier part of a larger estate called Cranley Hall.

Bengaluru is among few Indian cities where the property prices witnessed an appreciation over the last 5-6 years. A Knight Frank report this month also called Bengaluru one of the top three markets to watch out for in the Asia Pacific region.

(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

BMC Budget on Feb 2: Health, infra and education to be in focus for fund allocation

BMC Budget on Feb 2: Health, infra and education to be in focus for fund allocation

Adani Group loses more than ₹5 lakh cr despite firefight against Hindenburg report

Adani Group loses more than ₹5 lakh cr despite firefight against Hindenburg report

Tech layoffs: CEO of US tech firm quotes Martin Luther King Jr in email firing people, gets trolled

Tech layoffs: CEO of US tech firm quotes Martin Luther King Jr in email firing people, gets trolled

Budget 2023: from NBFCs to smartphone and EV makers, here’s what key sectors expect from the...

Budget 2023: from NBFCs to smartphone and EV makers, here’s what key sectors expect from the...

Xiaomi's Ex-India head Manu Kumar Jain quits Chinese smartphone firm

Xiaomi's Ex-India head Manu Kumar Jain quits Chinese smartphone firm