Strata Records Successful Sale of Bengaluru Industrial Asset for ₹35.30 Crore
Bengaluru, April 29, 2026: Strata, a tech-enabled commercial real estate investment platform, has announced the successful sale and exit of its industrial asset in the Bommasandra area of South Bengaluru. The transaction, valued at ₹35.30 crore, closed during the final quarter of the fiscal year, providing a full exit to investors. The sale achieved an Internal Rate of Return (IRR) of approximately 15.3%, outperforming the platform’s initial target of 14.2% and allowing investors to nearly double their capital, including rental distributions, over a five-year holding period, the company said in a press release.
The property was originally acquired in 2021 for ₹25.9 crore through a sale-and-leaseback arrangement with Randox Laboratories. Situated on a freehold land parcel of nearly 92,790 sq ft within the KIADB Industrial Area, the asset features a total built-up area of roughly 40,015 sq ft. The facility consists of two specialized units designed for manufacturing, cold storage, and warehousing, and it remained fully operational and leased throughout the entire investment duration.
The asset’s strategic location in the Bommasandra–Hosur belt played a critical role in its valuation, offering proximity to NH 44, SH 87, and the upcoming Bommasandra Metro Station. This region has rapidly evolved into a premier life sciences and manufacturing hub, bolstered by robust infrastructure and its proximity to Electronic City. The tenant, Randox Laboratories, is a global diagnostic leader operating in over 145 countries, ensuring the facility maintained institutional-grade standards.
Reflecting on the milestone, Sudarshan Lodha, Co-founder and CEO of Strata, stated: “This exit reflects Strata’s ability to execute institutional-grade industrial investments with global occupiers, while delivering superior returns for our investors. South Bengaluru, particularly the Bommasandra–Hosur belt, has firmly established itself as a key life sciences and manufacturing corridor, supported by strong infrastructure, skilled talent, and long-term industrial zoning. Our focus remains on disciplined execution, investing in income-generating assets with long-term leases and institutional tenants across office, healthcare, and industrial segments.”
This transaction represents Strata’s third successful exit across various asset classes, including office and warehouse spaces. Over the last two years, the platform has facilitated total investor exits exceeding ₹300 crore, consistently meeting or surpassing projected returns. Strata continues to be supported by prominent investors such as Elevation Capital, Mayfield, Kotak Investment Advisors, and Gruhas.
