Narayana Murthy's Luxurious Real Estate Deal: A Billionaire's New Home in Bengaluru

Infosys co-founder Narayana Murthy acquires a luxurious apartment in Bengaluru's Kingfisher Towers for Rs 50 crore. Find out how much he paid for the sprawling 8,400-square-foot property.

Real EstateLuxury PropertiesBengaluruNarayana MurthyInfosysKingfisher TowersReal Estate MumbaiDec 09, 2024

Narayana Murthy's Luxurious Real Estate Deal: A Billionaire's New Home in Bengaluru
Real Estate Mumbai:Narayana Murthy, the billionaire businessman and co-founder of Infosys, has made a significant real estate investment in Bengaluru. He has acquired a luxurious apartment in the Kingfisher Towers, a premium residential complex known for being a top choice for billionaires and other prominent personalities in the city.

The apartment, located on the 16th floor of the Kingfisher Towers, spans an impressive 8,400 square feet and comes with five parking spaces. According to a report by the Times of India, Murthy acquired the property for Rs 59,500 per square foot, making it one of the most expensive real estate deals in India's IT capital.

Murthy bought the property from a Mumbai-based businessman who had owned it for nearly a decade. This acquisition marks a significant expansion of Murthy's real estate portfolio, and it's a testament to his commitment to investing in high-end properties.

The Kingfisher Towers, also known as Billionaires' Tower, is a sought-after residential complex in Bengaluru. Its premium location and luxurious amenities make it an attractive choice for high-net-worth individuals and celebrities. With this acquisition, Murthy has joined the ranks of other billionaires who own properties in this prestigious complex.

As a successful entrepreneur and philanthropist, Narayana Murthy has made a significant impact on India's business landscape. His commitment to hard work and dedication has inspired many, and his latest real estate investment is a testament to his continued success and influence.

In conclusion, Narayana Murthy's acquisition of the luxurious apartment in Kingfisher Towers is a significant real estate deal that highlights his commitment to investing in high-end properties. As a billionaire businessman and co-founder of Infosys, Murthy continues to make waves in the business world, and this acquisition is a testament to his continued success and influence.

Frequently Asked Questions

How much did Narayana Murthy pay for the luxurious apartment in Kingfisher Towers?

According to a report by the Times of India, Murthy acquired the property for Rs 59,500 per square foot, making the total amount Rs 50 crore.

Where is the Kingfisher Towers located?

The Kingfisher Towers is located in Bengaluru, India, and is a premium residential complex known for being a top choice for billionaires and other prominent personalities.

Who owned the property before Narayana Murthy?

The property was owned by a Mumbai-based businessman for nearly a decade before Murthy acquired it.

What are the amenities of the Kingfisher Towers?

The Kingfisher Towers offers luxurious amenities, including five parking spaces, and is a sought-after residential complex in Bengaluru.

What is the significance of Narayana Murthy's real estate investment?

Murthy's acquisition of the luxurious apartment in Kingfisher Towers marks a significant expansion of his real estate portfolio and highlights his commitment to investing in high-end properties.

Related News Articles

Tata Curvv to Challenge Creta Dominance with CNG Variant Launch
Real Estate Mumbai

Tata Curvv to Challenge Creta Dominance with CNG Variant Launch

Tata Motors hints at launching a CNG variant of the Tata Curvv, set to rival the Hyundai Creta in the mid-size SUV segment.

August 19, 2024
Read Article
Avadhoot Gupte Secures Luxurious Apartment in Bandra for Rs 7.7 Crore
Real Estate Mumbai

Avadhoot Gupte Secures Luxurious Apartment in Bandra for Rs 7.7 Crore

The property is located in the upscale neighborhood of Bandra (Khar West), Mumbai, highlighting the area's growing appeal as a premier destination for high-end real estate.

November 6, 2024
Read Article
Mumbai: Prominent Pharma Tycoon Acquires Prime Sea-View Apartment in Lodha Sea Life
Real Estate Mumbai

Mumbai: Prominent Pharma Tycoon Acquires Prime Sea-View Apartment in Lodha Sea Life

The recent acquisition of a high-end sea-view apartment by the promoter of Alkem Laboratories, Cyriac George Singh, has stirred the Mumbai real estate market. Singh's purchase, along with other significant transactions, highlights a growing trend of luxur

December 19, 2024
Read Article
Nifty on Track for a Phenomenal 2025? 20-25% Returns Possible, Says Sharad Avasthi
Real Estate

Nifty on Track for a Phenomenal 2025? 20-25% Returns Possible, Says Sharad Avasthi

The Indian stock market, bolstered by solid economic growth and transformative trends, is set to deliver impressive returns in 2025. Sharad Avasthi, a market expert, predicts a strong performance driven by robust government spending and sectoral growth.

January 1, 2025
Read Article
TN CM Advocates Innovative Urban Plans for Sustainable Housing
real estate news

TN CM Advocates Innovative Urban Plans for Sustainable Housing

The Chief Minister of Tamil Nadu has called for the development of innovative urban plans to address the growing demand for sustainable housing. He highlighted ongoing efforts to create comprehensive master plans that balance urbanization with environment

February 14, 2025
Read Article
Bracing for the Economic Storm: Kiyosaki’s 2025 Financial Crisis Prediction
real estate news

Bracing for the Economic Storm: Kiyosaki’s 2025 Financial Crisis Prediction

In an era of market volatility and economic uncertainty, financial guru Robert Kiyosaki is sounding the alarm bells with his bold 2025 economic forecast. He recommends strategic investments in gold, silver, Bitcoin, and real estate to safeguard against po

February 19, 2025
Read Article