According to reports, NR Narayana Murthy, the founder of Infosys, paid Rs 50 crore for a posh flat in Bengaluru’s Kingfisher Towers. Located on the sixteenth floor, the 8,400-square-foot apartment has four bedrooms and five designated parking spots.
In Bengaluru’s real estate market, Murthy’s second investment of Kingfisher Towers has established a new price standard.
This area is spread across three buildings on a 4.5-acre tract of land. The 34-story Kingfisher Towers is a premium residential complex with 81 units (4 BHK). The lowest square feet is 8000 square feet. On the upper two stories is a luxurious flat. The average size of the apartments in the 34-story complex is 8,321 square feet.
According to a Times of India story, the sale has one of the highest prices in the city’s posh commercial district, at Rs 59,500 per square foot. According to the article, Sadhwani Real Estate Holdings facilitated the purchase of Murthy’s new apartment from a businessman in Mumbai who had held it for almost ten years.
Four years ago, Murthy’s wife, Sudha Murty, also paid Rs 29 crore for a 23rd-floor apartment at Kingfisher Towers. Kiran Mazumdar-Shaw of Biocon and Rana George, the son of Karnataka Minister KJ George, are two other notable locals.
Since the beginning, Bengaluru’s elite has been captivated by Kingfisher Towers. This is a brand that is synonymous with luxury and grandeur. Kingfisher Towers. It is situated in the center of the city’s affluent residential neighborhood. Also was intended to be a representation of luxury that would draw wealthy people and business titans. But the famous skyscrapers have also been the subject of debate and have garnered media attention for purposes other than luxury.
The complex is the ideal getaway for the wealthiest citizens of the city. Because it provides a wide range of opulent amenities, such as private pools, a cutting-edge gym, round-the-clock security, and concierge services. Its prestigious location on Vittal Mallya Road made it more than just a place to live. In the city’s elite circles, it was a status symbol.
