TVS RAYASANDRA — New Project Coming Up in Rayasandra, Bangalore
TVS Emerald Enters Rayasandra with 7.18-Acre Development
TVS Emerald, the real estate arm of the TVS Group, has acquired a 7.18-acre land parcel in southeast Bengaluru, marking its seventh major land transaction in the city. The acquisition is located near Rayasandra Lake and will be used to develop a premium residential project, with the company expecting to generate over ₹700 crore in revenue from this development.
Location and Connectivity
The site is situated near Electronic City and Sarjapur Road, two of the city's established IT zones. The location's connectivity through the Outer Ring Road and planned metro linkages are seen as contributing factors to the site's development potential. Rayasandra is a neighborhood in the southern part of Bangalore with pin code 560099.
Hosa Road Metro Station on the Yellow Line is 3.3 km away, with bus access via Rayasandra Circle Bus Stop and Konappana Agrahara Bus Stop. The area is located close to major IT hubs like Electronic City.
Developer Context
TVS Emerald, a renowned name in the real estate sector, has significantly impacted the landscape of Indian real estate with its commitment to quality and innovation. As part of the illustrious TVS Group, TVS Emerald brings a legacy of trust, excellence, and customer satisfaction to its projects. TVS Emerald is one of Bangalore's leading real estate developers, known for large-scale residential developments across prime and emerging locations.
TVS Emerald launched Estate, its first plotted development project in Bangalore, in October 2023. The Rayasandra acquisition represents the developer's continued expansion across the city's high-growth corridors.
Project Vision
The project will cater to the demand for high-end residential spaces in a location that continues to gain traction due to proximity to IT corridors and ongoing infrastructure improvements. Sriram Iyer, Director and CEO of TVS Emerald, stated that the Rayasandra acquisition aligns with the company's plans to expand its footprint in Bengaluru, noting that "This site presents an opportunity to develop a premium residential community, given its location and accessibility," and that the project would aim to address housing demand from professionals working in nearby business hubs.
Rayasandra has been witnessing rising interest from developers due to its proximity to business districts and social infrastructure. The area is seeing new roads, metro connectivity proposals, and better access to schools and commercial services.
Area Overview
Rayasandra has a good social infrastructure with several good schools, hospitals, and restaurants located in and around the locality. There are parks and green spaces in the locality, including Rayasandra Lake Park, which offers a serene atmosphere for a peaceful stroll or a picnic with family and friends.
Rayasandra enjoys good connectivity to major IT hubs and other parts of Bangalore via Sarjapur Road and Hosa Road. The real estate market in Rayasandra is currently experiencing steady growth, driven by its strategic location and affordable property prices. The average price per sq. ft. is around INR 7500, with an annual appreciation rate of approximately 8%.