Tata Realty and Infrastructure Ltd (TRIL), the real estate development arm of Tata Group, has acquired a land parcel spread over 25.3 acres in Doddanekundi near Whitefield locality in Bengaluru for over Rs 986 crore. The company has bought the land parcel from Graphite India through its wholly owned subsidiaries TRIL Bengaluru Real Estate Five Ltd and TRIL Bengaluru Real Estate Six Ltd.
Tata Group: The company has bought the land parcel from Graphite India through its wholly owned subsidiaries TRIL Bengaluru Real Estate Five Ltd and TRIL Bengaluru Real Estate Six Ltd.
At present, there are three listed REITs Embassy Office Parks REIT, Mindspace Business Parks REIT and Brookfield India Real Estate Trust on Indian stock exchanges.