TVS Emerald Expands its Presence in Bengaluru and Chennai with Land Acquisitions
TVS Emerald, a leading real estate developer, has recently announced two significant land acquisitions in key growth markets of North Bengaluru and Chennai. These acquisitions are expected to have a combined booking value potential of INR 900 Crore, demonstrating the company’s strategic growth in high-demand residential markets.
A Prime Location in Thanisandra
The first land acquisition by TVS Emerald is a 4-acre land parcel in Thanisandra, North Bengaluru. This rapidly growing suburb offers excellent connectivity to important areas like the Kempegowda International Airport, NH44, and Outer Ring Road. With a tentative saleable area of half a million sq. ft., this project has the potential booking value of INR 600 Crore. The acquisition in Thanisandra will strengthen TVS Emerald’s position in Bengaluru’s competitive real estate market.
Expanding Footprint in Chennai
As part of its expansion strategy, TVS Emerald has secured a 4-acre land parcel in Padur, Chennai. This acquisition further strengthens the company’s presence in the city, where it continues to invest in premium residential projects. With a booking value potential of INR 300 Crore, the emphasis on Chennai reflects TVS Emerald’s focus on delivering exceptional projects to meet the evolving needs of urban homebuyers.
Commitment to Delivering Premium Residential Projects
Sriram Iyer, Director & CEO of TVS Emerald, emphasized the company’s commitment to delivering premium residential projects in high-growth areas. The Thanisandra project, which marks TVS Emerald’s second venture in North Bengaluru, arrives at a time when the region is experiencing rapid development. With the success of its ongoing project in Rachenahalli, North Bengaluru, known as TVS Emerald Isle of Trees, the newly acquired project in Thanisandra is expected to boost the company’s market share in Bengaluru.
Growth Prospects Ensure a Bright Future
The recent land acquisitions by TVS Emerald attest to the company’s confidence in the growth potential of both Bengaluru and Chennai’s real estate markets. The strategic locations and excellent connectivity of these projects make them highly appealing to homebuyers looking for premium living options in vibrant, urban settings. With a focus on meeting the evolving needs of urban homebuyers, TVS Emerald continues to strengthen its presence in these competitive markets.
