Narayana Murthy, the founder of Infosys, has made a big move in Bengaluru’s real estate world by buying a second ultra-luxury apartment in Kingfisher Towers for ₹50 crore. This purchase has caught the attention of many, as it highlights the growing demand for luxury homes in Bengaluru and sets a new high in the city’s property market.
Kingfisher Towers: A Symbol of Luxury
Kingfisher Towers is not just another apartment complex; it is a symbol of luxury. Located in the heart of Bengaluru’s Central Business District (CBD), this 34-story building has 81 spacious 4-bedroom apartments. Each apartment starts at 8,000 square feet, and Murthy’s new apartment on the 16th floor is even larger, at 8,400 square feet. It also comes with five parking spaces!
The building is located on a vast 4.5-acre plot that was once the residence of Vijay Mallya, the former liquor baron. Kingfisher Towers was developed by the Prestige Group and Mallya’s company in 2010. Originally, these apartments were priced at ₹22,000 per square foot, but today, the price has gone up to ₹59,500 per square foot, showing just how much property value has increased in the area.
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A Home for the Wealthy
Kingfisher Towers is sometimes called the “Billionaires’ Tower” because many of India’s top businesspeople and celebrities live there. Some of its famous residents include Kiran Mazumdar-Shaw, the founder of Biocon, and Rana George, the son of Karnataka Minister KJ George. This isn’t Murthy’s first purchase in the building—his wife, Sudha Murthy, had bought an apartment on the 23rd floor for ₹29 crore four years ago.
Living in Kingfisher Towers isn’t just about having a large home; it’s also about having access to some of the best amenities. Each resident pays approximately ₹5 lakh per quarter for maintenance. This fee covers services like high-ceiling living spaces, floor-to-ceiling windows, and even a personal concierge. The building combines modern design with luxury, making it a desirable place to live.
Location and Amenities
The location of Kingfisher Towers makes it even more attractive. It’s located near Lavelle Road, one of Bengaluru’s best neighborhoods, and it’s close to famous shopping areas like Brigade Road and MG Road. The property is also near Cubbon Park, a large, green park that offers a peaceful escape from the busy city life.
The building offers luxury amenities, including a rooftop clubhouse, swimming pools on every five floors, a gym, a spa, and 24x7 coffee shops. For those who want to relax and stay fit, there are tennis courts and a luxury salon. The building even has a helipad, although it is mainly used for emergencies and not for regular travel.
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A Record-Breaking Purchase in Bengaluru
Murthy’s ₹50 crore purchase is not just a personal achievement; it also sets a new record for Bengaluru’s real estate market. The price of ₹59,500 per square foot is one of the highest in the city. Earlier this year, Ajit Isaac, Chairman of Quess Corp, made a ₹67.5 crore purchase in the Koramangala area, setting a record price of ₹70,300 per square foot.
These high-value real estate deals show that Bengaluru is becoming a hotspot for luxury properties. The city’s growing tech industry and wealthy entrepreneurs are driving the demand for upscale homes with modern features and world-class amenities.
The Growing Importance of UB City
Kingfisher Towers is part of a larger development called UB City, which is a mixed-use complex. It includes commercial office spaces, serviced apartments, and a luxury shopping mall called The Collection. UB City is not just about business; it’s about creating a high-end lifestyle. The combination of shopping, workspaces, and residential areas makes it a popular destination for the city’s wealthiest people.
Having businesses and other services nearby makes UB City even more attractive to high-net-worth individuals who want to live in a central, convenient location.
More Than Just a Real Estate Investment
For Narayana Murthy, buying a second apartment in Kingfisher Towers is more than just an investment in property—it’s a symbol of his success and legacy. As one of the leading figures in India’s IT revolution, this purchase shows how much he values Bengaluru and its growing potential. It also reflects his love for excellence and luxury.
In a city where space is limited, Kingfisher Towers offers more than just a large apartment. It provides a lifestyle that few others can match, with everything from personalized services to its iconic location in the heart of Bengaluru.
The Outlook for Bengaluru's Luxury Real Estate Market
Murthy’s new purchase is not only a milestone for him, but it also shows how far Bengaluru’s real estate market has come. The city’s ability to combine its rich history with modern luxury makes it a great place to live and invest. As Bengaluru continues to grow and attract new businesses, properties like Kingfisher Towers will remain in high demand, symbolizing the city’s transformation into a global metropolis.
For Murthy, this is more than just a place to live; it’s a legacy. His purchase of a second home in Kingfisher Towers shows that the luxury real estate market in Bengaluru is alive and well. As the city continues to thrive, properties like this one will continue to attract buyers and investors who want the best in life.
Narayana Murthy’s acquisition of a second apartment in Kingfisher Towers is a clear sign of Bengaluru’s rise as a luxury real estate hub. This ₹50 crore investment highlights the growing demand for high-end properties in the city, and it sets a new benchmark for luxury living in Bengaluru. Kingfisher Towers, with its unmatched amenities and strategic location, is more than just a residential complex—it’s a symbol of success, legacy, and the future of Bengaluru’s real estate market. For those looking for the ultimate in luxury living, Kingfisher Towers remains one of the most prestigious addresses in India.
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Ans 1. Kingfisher Towers is known for its exclusive location, spacious apartments, world-class amenities, and high-profile residents.
Ans 2. Murthy’s ₹50 crore purchase sets a new benchmark in Bengaluru’s luxury real estate market, reflecting the city’s growing appeal among affluent buyers.
Ans 3. Prices at Kingfisher Towers have surged to around ₹59,500 per square foot, making it one of the priciest residential areas in Bengaluru.
Ans 4. The towers feature a rooftop clubhouse, swimming pools, a gym, tennis courts, a spa, and even a helipad for quick escapes.
Ans 5. With its prime location, exceptional amenities, and rising property values, Kingfisher Towers remains a prime choice for luxury real estate investments.