The ₹50 Crore Secret: Inside Narayana Murthy's Luxurious New Home

The ₹50 Crore Secret: Inside Narayana Murthy’s Luxurious New Home

Infosys co-founder Narayana Murthy has recently added to his luxury real estate portfolio by purchasing a second apartment in Bengaluru’s prestigious Kingfisher Towers for a staggering ₹50 crore. The 8,400-square-foot, four-bedroom residence, situated on the 16th floor, is one of the most expensive residential properties in the city. This latest acquisition, along with a previous purchase made by his wife Sudha Murty, solidifies the Murthy family’s position as prominent residents of this exclusive complex.

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The ₹50 Crore Secret: Inside Narayana Murthy's Luxurious New Home
The ₹50 Crore Secret: Inside Narayana Murthy’s Luxurious New Home

The ₹50 Crore Secret: Inside Narayana Murthy’s Luxurious New Home

Murthy buys second luxury Bengaluru apartment

The ₹50 Crore Secret: Inside Narayana Murthy’s Luxurious New Home Infosys founder NR Narayana Murthy has reportedly purchased a second luxury apartment in Bengaluru’s Kingfisher Towers for ₹50 crore. The 8,400-square-foot apartment, located on the 16th floor, features four bedrooms and five dedicated car parking spaces. At ₹59,500 per square foot, this deal marks one of the highest property prices in the city.

Kingfisher Towers is a 34-storey luxury complex with around 81 units, each starting at 8,000 square feet. It is situated on a 4.5-acre plot within the central business district (CBD) of UB City, a hub for both residential and commercial spaces. Developed by a joint venture between Prestige Group and Vijay Mallya’s company, the towers’ luxury units were originally sold for ₹22,000 per square foot.

Murthy’s new property was purchased from a Mumbai businessman who had owned it for almost a decade. This follows a previous purchase by his wife, Sudha Murty, who bought a flat in the same building for ₹29 crore in 2020. Other notable residents of the towers include Biocon’s Kiran Mazumdar-Shaw and Karnataka Minister KJ George’s son, Rana George. Residents of Kingfisher Towers pay about ₹5 lakh quarterly for maintenance. Other high-profile real estate transactions in Bengaluru include a ₹67.5 crore property deal earlier this year, the most expensive deal in the city to date.

 

Murthy family expands Bengaluru luxury portfolio

The ₹50 Crore Secret: Inside Narayana Murthy’s Luxurious New Home Infosys co-founder Narayana Murthy has made a significant real estate move in Bengaluru, purchasing a second luxury apartment in the exclusive Kingfisher Towers for ₹50 crore. The 8,400-square-foot residence, located on the 16th floor, features four bedrooms and five dedicated parking spaces. The deal, which amounts to ₹59,500 per square foot, sets a new record for residential prices in the city.

Kingfisher Towers, built on the former estate of liquor baron Vijay Mallya, consists of just 81 bespoke apartments spread across 34 stories, making it one of the most exclusive addresses in Bengaluru. This resale transaction, sold by a Mumbai-based businessman, is one of the few in the tightly-held complex.

Murthy’s latest purchase follows his wife Sudha Murty’s acquisition of a flat on the 23rd floor for ₹29 crore four years ago. Other prominent residents of the towers include Biocon chairperson Kiran Mazumdar-Shaw and Rana George, son of Karnataka energy minister KJ George, who bought a flat for ₹35 crore. Since its launch in 2010, the price per square foot in Kingfisher Towers has more than doubled, now reflecting Bengaluru’s growing demand for high-end properties in prime locations.

 

Murthy adds to Bengaluru luxury property

The ₹50 Crore Secret: Inside Narayana Murthy’s Luxurious New Home Infosys founder Narayana Murthy has acquired a second luxury apartment in Bengaluru’s Kingfisher Towers for ₹50 crore. The 8,400-square-foot apartment, located on the 16th floor, sets a new price benchmark at ₹59,500 per square foot, one of the highest rates in the city. The property features four bedrooms and five dedicated parking spaces.

Kingfisher Towers, built on the former estate of liquor baron Vijay Mallya, is a 34-story luxury residential complex with 81 bespoke apartments. The project, developed jointly by the Prestige Group and Mallya’s company, was launched in 2010, with initial prices at ₹22,000 per square foot.

Murthy’s new purchase comes from a Mumbai-based businessman who owned the property for nearly a decade, with the deal facilitated by Sadhwani Real Estate Holdings. Other notable residents in the towers include Murthy’s wife Sudha Murty, who purchased a flat for ₹29 crore on the 23rd floor four years ago, as well as Biocon chairperson Kiran Mazumdar-Shaw.

 

Murthy expands Bengaluru luxury property holdings

Infosys founder Narayana Murthy has reportedly purchased a second luxury apartment in Bengaluru’s Kingfisher Towers for ₹50 crore. The 8,400-square-foot unit, located on the 16th floor, features four bedrooms and five dedicated parking spaces. This transaction sets a record price of ₹59,500 per square foot, making it one of the most expensive in the city.

Kingfisher Towers, a 34-story luxury complex located in Bengaluru’s central business district, consists of 81 large apartments, each starting at 8,000 square feet. The development, which spans 4.5 acres, sits on land that was once owned by liquor baron Vijay Mallya and was developed in collaboration between the Prestige Group and Mallya’s company in 2010. Initially, apartments were priced at ₹22,000 per square foot.

Murthy’s latest acquisition was purchased from a Mumbai-based businessman who had held the property for nearly a decade, with the deal facilitated by Sadhwani Real Estate Holdings. His wife, Sudha Murty, had previously bought a flat in the towers for ₹29 crore four years ago.

Other notable residents of Kingfisher Towers include Biocon’s Kiran Mazumdar-Shaw and Rana George, son of Karnataka Minister KJ George. In addition to this, other prominent figures like Flipkart’s Sachin Bansal and Zerodha’s Nikhil Kamath also reside in the area.

 

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