Description
JLL as advisor is pleased to present the exceptional investment opportunity of a 44-acre commercial land parcel located on Old Madras Road (NH75), Bengaluru. Strategically set in KR Puram, East Bengaluru's flourishing office corridor, this asset signifies one of the largest contiguous development prospects available today.
Embodying a unique opportunity for substantial development, this property is designated for Commercial (Business) use with a permissible FAR of 3.25, supporting potential large format office, residential, and mixed-use projects. Spread over 44.03 acres, it offers prime access to Bengaluru’s vibrant tech ecosystem, renowned as the Unicorn Capital and India’s leading technology hub, driving the state’s highest FDI inflow.
Benefitting from proximity to high-quality Grade A developments and key infrastructure such as the Purple Line Metro, the property sits at a connectivity nexus enhancing its investment appeal. Nearby projects like The Hub by MFAR and Embassy East Business Park demonstrate the corridor's strong developer confidence, further testified by significant rental growth and sub-10% vacancy rates, which augur well for future densification.
This offering is brought forward by the National Land Monetization Corporation (NLMC) through a structured competitive sale process. The substantial residential and office demand supported by Bengaluru’s growth dynamics presents a compelling value-add proposition. Investors will find the property poised for substantial capital appreciation through innovative developments supported by sustained cash flow from diverse economic activities.
Attributes
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Investment Highlights
- 44.03-acre prime land at Old Madras Road, ideal for large-scale developments
- Strategic location in East Bengaluru's established office corridor
- Permissible FAR of 3.25 enables broad development potentials
- Bengaluru leads India with 33% share of foreign leasing activity
- Potential for above-market rental growth and sub-10% vacancy
- Access to stellar social infrastructure and metro connectivity
- NLMC & JLL facilitate transparent and structured sale process
- Significant value-add through bridging adjacent tech hubs and residential zones
Key dates
- RFP Live Launch – 18th August 2026
- Pre-Proposal Conference & site visits — from RFP Live Launch till 28th August 2026
- Pre-Bid Meeting — TBC
- Technical Bid Submission — TBC
- E-Auction — TBC
Disclaimer
Although information contained herein has been obtained from sources deemed reliable, neither JLL nor any of its clients makes any guarantees or representations, express or implied, as to the completeness or accuracy of such information. Any projections, opinions, assumptions or estimates used are for example only. Neither JLL nor any of its clients accepts any liability for loss resulting from reliance on such information. Please note that buy side advisory charges will be applicable to the H1 (highest) bidder for this transaction. The details of such charges will be communicated to interested parties upon request and prior to submission of a binding bid. There may be material differences between projected results and actual results. Any property offered for sale or lease may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement.
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