TVS Emerald Acquires 10-Acre Land Parcel in Bengaluru

28 Feb 2025 CW Team

Strengthening its presence in key real estate markets, TVS Emerald has acquired a 10-acre land parcel in Sathnur, Bengaluru, with a development potential of 1.4 million sq ft and an estimated revenue potential of Rs 16 billion.

This marks the fourth acquisition by TVS Emerald in the current financial year, bringing the company's total revenue potential from land deals in FY25 to Rs 53 billion.

Expanding Footprint Across Bengaluru & Chennai The developer has been on an aggressive expansion spree, having previously acquired:

12-acre parcel on Radial Road, Chennai 4.8-acre parcel in Padur, Chennai 4-acre parcel in Thanisandra, Bengaluru With this latest acquisition, TVS Emerald's total project pipeline now stands at 8.2 million sq ft, reinforcing its market dominance in Bengaluru and Chennai.

Bengaluru鈥檚 Booming Real Estate Market According to Anarock's latest data, Bengaluru remains a key market for real estate transactions:

307 acres transacted across 26 land deals in the city. MMR (Mumbai Metropolitan Region) led with 607 acres across 30 deals. Delhi NCR followed with 417 acres across 38 deals. With the high demand for premium residential spaces and rising real estate investments, TVS Emerald's strategic acquisitions place the company at the forefront of Bengaluru鈥檚 evolving real estate landscape.

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..