TVS Emerald acquires 3rd land parcel with revenue potential of approx. Rs 250 Crore

Bangalore, 09 March 2023: Emerald Haven Realty Ltd (TVS Emerald) has announced the purchase of 3 acres of land (approx) in Rachenahalli, an emerging suburb in Northern Bengaluru, for the development of an apartment housing project, says a press release issued by the company. 

Sriram Iyer, President & CEO, TVS Emerald, said, “We are proud to announce our third acquisition in Bengaluru, after TVS Emerald Jardin, Singasandra and in Mission Road, CBD, Bengaluru. This acquisition in a high-growth area will help us expand our footprint in Bengaluru. The connectivity to major business destinations and other developing social infrastructure makes this locality a lucrative investment option for home buyers”.