NR Narayana Murthy Buy Luxurious Bengaluru Flat for Rs 50 Crore

      
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Narayana Murthy Buy Luxurious Bengaluru Flat: Narayana Murthy, founder of IT sector giant Infosys, has bought a luxury apartment in Kingfisher Towers, Bengaluru for 50 crore rupees. Located on the 16th floor, this apartment is spread over 8,400 square feet. It comprises four bedrooms and five car parking.

A media report said the deal is set at a price of ₹59,500 per square ft. Let us tell you that four years ago, Narayan Murthy’s wife and Rajya Sabha MP Sudha Murthy bought a flat on the 23rd floor of this tower. Rs 29 crore was spent on this flat.

Narayana Murthy Buy Luxurious Bengaluru Flat
Narayana Murthy Buy Luxurious Bengaluru Flat

Narayana Murthy Buy Luxurious Bengaluru Flat

  • Kingfisher Towers is a 34-storey luxury residential complex consisting of approximately 81 apartments.
  • These 4BHK apartments start at 8000 sq ft and are spread across three blocks on 4.5 acres of land.
  • These luxury apartments were initially sold at ₹22,000 per sq ft.
  • The deal was done at the rate of Rs 59,500 per square foot for an apartment, which is one of the most expensive rates in the commercial center of the city.
  • This luxurious flat has 5 parking places.

Narayana Murthy Buy Luxurious Bengaluru Flat: Murti’s Second Flat in Kingfisher Tower

Narayana Murthy Buy Luxurious Bengaluru Flat
Narayana Murthy Buy Luxurious Bengaluru Flat

Murthy has bought this flat from a Mumbai businessman, who had purchased this property about a decade ago. Four years ago, writer and Rajya Sabha MP Sudha Murthy bought her first flat on the 23rd floor in the same luxury residential tower for Rs 29 crore.

How to Connect Vijay Mallya Kingfisher Tower?


Businessman Vijay Mallya & kingfisher Tower are deeply connected. The land on which Kingfisher Tower was built once used to be Vijay Mallya’s ancestral house. Let us tell you that this project was developed in 2010 in a joint venture between Prestige Group and Mallya’s company.

Vijay Mallya is an Indian businessman and former member of the Rajya Sabha. He is the chairman of UB Group and Kingfisher Airlines. In 2008, he was ranked among the 962nd richest people in the world with a net worth of approximately ₹72 billion. At the same time, he was ranked 42nd among the richest people in India.

Nowadays, the Government of India has declared Vijay Mallya a fugitive because he grabbed Rs. 9000 crores from various Indian banks and ran away. Right now he is in Britain and the Indian government is trying its best to extradite him and bring him back to India.

Narayana Murthy Buy Luxurious Bengaluru Flat: Many big personalities have bought flats

Narayana Murthy Buy Luxurious Bengaluru Flat
Narayana Murthy Buy Luxurious Bengaluru Flat

According to a report, many big personalities are involved in Kingfisher Towers. These include Biocon’s Kiran Mazumdar-Shaw and Rana George, son of Karnataka minister KJ George. Two years ago, Rana George, son of Karnataka Energy Minister KJ George, had bought a flat worth Rs 35 crore.

In 2017, Embassy Group sold an apartment to Ajit Prabhu, chairman of engineering outsourcing company Quest Global, for Rs 50 crore, making it the biggest residential deal ever in Bengaluru. Prabhu bought a 16,000 sq ft apartment in Embassy One near Hebbal at the rate of around Rs 31,000 per sq ft. According to reports, each resident of Kingfisher Towers pays ₹5 lakh for quarterly maintenance.

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