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Business News/ News / India/  Sriram Nadathur sells Bengaluru residential property for 11.6 crore
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Sriram Nadathur sells Bengaluru residential property for ₹11.6 crore

The 9480 sq ft property in 3rd block Koramangala has been sold to Urja Partners

The sale deed was signed on 13 January. Photo: iStockPremium
The sale deed was signed on 13 January. Photo: iStock

Bengaluru: Sriram Nadathur, son of Infosys Ltd co-founder NS Raghavan and CEO at Nadathur UK Ltd has sold a residential property for 11.6 crore in Bengaluru’s Koramangala locality, according to documents accessed by Zapkey, which aggregates publicly available property registration data.

The 9480 sq ft property in 3rd block Koramangala has been sold to Urja Partners. The sale deed was signed on 13 January. Koramangala is often referred to as a billionaires’ boulevard in Bengaluru. Infosys co-founder Nandan Nilekani, Dr Devi Shetyy of Narayana Health, Flipkart founders Sachin and Binny Bansal among many other prominent individuals own properties in Koramangala.

“Koramangala is a much-sought after residential location in Bengaluru and has seen a few deals in the recent past," said Sandeep Reddy, co-founder, Zapkey.

The Nadathur family runs a private investment firm Nadathur Estates Pvt Ltd that was founded by Raghavan. It makes entrepreneur, family and social-centric investments.

Sriram Nadathur didn’t respond to an email query.

Another Infosys co-founder, Kris Gopalkrishnan’s SGK Investment Trust, last year bought two apartments in 3rd Block Koramangala for 76 crore.

In 2021, Quess Corp executive chairman Ajit Isaac also bought a bungalow for about 52 crore in Koramangala in one of the most expensive deals in the city.

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ABOUT THE AUTHOR
Madhurima Nandy
I am a part of the long story team at Mint, and write on real estate, infrastructure, e-commerce, urban issues among others. I have over 20 years of experience as a journalist. As a long-story writer, I tell stories behind the news to capture the larger picture through an analytical lens, with authenticity.
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Published: 19 Jan 2022, 05:11 PM IST
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