HomeUrban NewsBangaloreNarayana Murthy Buys ₹50 Crore Luxury Apartment in Bengaluru

Narayana Murthy Buys ₹50 Crore Luxury Apartment in Bengaluru

Infosys founder NR Narayana Murthy has acquired a second luxury apartment in Bengaluru’s iconic Kingfisher Towers for ₹50 crore. The ultra-premium 8,400-square-foot residence, located on the 16th floor, features four bedrooms and five dedicated parking spaces.

This recent transaction, priced at ₹59,500 per square foot, sets a new benchmark in Bengaluru’s luxury real estate market. Kingfisher Towers, a 34-storey luxury complex, offers 81 sprawling units starting at 8,000 square feet. Developed on a 4.5-acre plot, the property is nestled in the heart of the city’s central business district (CBD), offering panoramic views and exclusive amenities.

The development of Kingfisher Towers is steeped in history, as it stands on the site of Vijay Mallya’s ancestral home. A joint venture between the Prestige Group and Mallya’s company initiated in 2010, these apartments were originally sold for ₹22,000 per square foot. Today, the towers remain a symbol of luxury, with prices reflecting their exclusivity and demand.

Murthy’s purchase highlights Bengaluru’s growing appeal among ultra-high-net-worth individuals seeking exclusive residences. The city’s luxury real estate market continues to thrive, driven by unique projects like Kingfisher Towers, blending opulence with prime urban living.

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