Largest-ever city land transaction signals strong confidence in India’s office market.

Tata Realty Seals ₹2,300-Crore Landmark Bengaluru Land Deal.

Tata Realty and Infrastructure Ltd (TRIL) has entered into a binding agreement to acquire over 38 acres of prime land in Bengaluru from Hinduja Group entities—Gulf Oil Corp and Hinduja Realty Ventures—for around ₹2,300 crore. This is the largest land transaction ever recorded in Bengaluru, both in value and size, and among the biggest in India. The deal highlights sustained investor confidence in Bengaluru’s office market, which leased over 20 million sq ft in 2025, ranking among the top Asia-Pacific office hubs. The acquisition will be executed through TRIL’s wholly owned subsidiaries, with payments made in tranches. The land, earlier evaluated by Blackstone, is expected to be developed into a Grade-A, office-led campus targeting multinational companies and global capability centres. The transaction reflects growing competition from strong domestic developers for marquee commercial assets and aligns with TRIL’s plan to build a large, institutional-grade office portfolio across India’s top cities.