TVS Emerald Expands Footprint with Strategic Land Acquisitions in Bengaluru and Chennai
TVS Emerald, a prominent real estate developer, has made significant strides by acquiring multiple land parcels in Bengaluru and Chennai, solidifying its market position and expanding its project portfolio.
Real EstateLand AcquisitionBengaluruChennaiTvs EmeraldReal Estate MumbaiFeb 25, 2025
This marks the company's fourth land acquisition in the current financial year, adding a total revenue potential of Rs 5,300 crore, according to a top official.
The newly acquired land is located in Sathanur, Bengaluru, and is part of TVS Emerald's strategic expansion plan.
Earlier, the company had acquired two land parcels in Chennai, including a 12-acre plot on the Radial Road and a 4.8-acre plot in Padur, Old Mahabalipuram Road.
Additionally, TVS Emerald purchased a 4-acre land in Thanisandra, Bengaluru, earlier this year.
TVS Emerald's Director and CEO, Sriram Iyer, commented on the acquisitions, stating,
Frequently Asked Questions
What is the total revenue potential of TVS Emerald's recent land acquisitions?
The total revenue potential of TVS Emerald's recent land acquisitions is Rs 5,300 crore.
Where are the locations of the land parcels acquired by TVS Emerald?
TVS Emerald has acquired land parcels in Sathanur, Bengaluru, and in two locations in Chennai: a 12-acre plot on the Radial Road and a 4.8-acre plot in Padur, Old Mahabalipuram Road.
What is the current potential of projects under development by TVS Emerald?
The current potential of projects under development by TVS Emerald stands at 8.2 million square feet.
Who is the Director and CEO of TVS Emerald?
The Director and CEO of TVS Emerald is Sriram Iyer.
How many land acquisitions has TVS Emerald made in the current financial year?
TVS Emerald has made four land acquisitions in the current financial year.
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