TVS Holdings’ wholly owned subsidiary -- TVS Emerald has acquired a 10 acre land parcel in Bengaluru, the fourth acquisition made by the real estate developer in the current financial year. With the latest acquisition, TVS Emerald has added land deals with total revenue potential of Rs 5,300 crore.
Earlier, the city-based realtor had made similar acquisitions with two land parcels in Chennai comprising -- a 12 acre land on the Radial Road and another 4.8 acre land in Padur, Old Mahabalipuram Road. It also purchased a 4 acre land in Thanisandra, Bengaluru during the current financial year.
TVS Holdings (Formerly known as Sundaram-Clayton) manufactures non-ferrous gravity and pressure die castings.
