Bengaluru: Quess Corp’s Chairman Acquires ₹67.5 Crore Property on Billionaire Street
In a groundbreaking move that reverberated across Bengaluru's real estate landscape, Ajit Isaac, the esteemed chairman and managing director of Quess Corp, has secured a monumental property acquisition in the coveted Koramangala area, famously dubbed as Billionaire Street.
The transaction, valued at an astounding ₹67.5 crores, encompasses a sprawling 10,000 square feet estate, marking it as the most exorbitant real estate deal in the city's history. With a staggering per square foot price of ₹70,300, this acquisition sets an unprecedented benchmark in Bengaluru's real estate sphere.
Situated in the illustrious third block of Koramangala, esteemed as Billionaire's Street, this locale boasts a prestigious roster of residents including luminaries like Infosys co-founder Nandan Nilekani, Kris Gopalakrishnan, Dr. Devi Shetty of Narayana Health, and Flipkart founders Sachin and Binny Bansal.
Renowned for its expansive plot sizes and the illustrious stature of its inhabitants, the third block stands as a testament to opulence and exclusivity in the heart of the IT capital.
This milestone purchase follows Isaac's previous acquisition in 2021, wherein he procured a lavish bungalow spanning 9,507 square feet for ₹52 crores in the same vicinity. With each transaction, Isaac fortifies his stature as a discerning investor with a penchant for acquiring premier real estate assets in Bengaluru's most coveted locales.
As the city continues to evolve as a hub of innovation and prosperity, such landmark acquisitions underscore the enduring allure of Bengaluru's real estate market and cement its status as a premier destination for high-value investments. Stay tuned as the narrative of Billionaire Street unfolds, promising further tales of opulence and grandeur in Bengaluru's esteemed corridors of power.
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