TVS Emerald acquires three acres land in Bengaluru

NEW DELHI: Emerald Haven Realty (TVS Emerald) has purchased approximately three acres of land in Rachenahalli, North Bengaluru, for the development of an apartment housing project.

The project has a revenue potential of approximately Rs 250 crore, according to the company.

Sriram Iyer, president & CEO of the company said, “We are proud to announce our third acquisition in Bengaluru. This acquisition in a high-growth area will help us expand our footprint in Bengaluru.”

The company as of now has delivered about 2.4 million sq.ft of residential developments in Chennai and has over 6.25 million sq ft of under development projects.