Manipal Group’s Chair Ranjan Pai’s Wife Buys ₹64cr Flat in B’luru
Bengaluru, the Silicon Valley of India, is known for its thriving real estate market, with luxurious properties fetching astronomical prices. The latest addition to this list is a stunning luxury residential apartment purchased by Shruti Pai, the wife of Ranjan Pai, the Chairman of Manipal Education and Medical Group. The news has sent shockwaves in the real estate circles, with many wondering what drives such a massive investment in a single property.
According to documents accessed by Zapkey, Shruti Pai has purchased a 12,800 square feet apartment in Bengaluru’s Jayamahal Extension for a whopping ₹64 crore. Yes, you read that right – ₹64 crore! The property, named Savyasachi Sarayu, is a duplex apartment spread across two floors, offering a breathtaking view of the city.
The price of the property works out to ₹64,457 per square foot on the carpet area, making it one of the most expensive residential properties in the city. This staggering sum is a testament to the growing demand for luxury real estate in Bengaluru, which is driven by the influx of high-income individuals, including entrepreneurs, professionals, and business leaders.
So, what makes this property so special? For starters, Savyasachi Sarayu is a ultra-luxurious project that offers a unique blend of opulence and comfort. The project features upscale amenities, including a private clubhouse, swimming pool, gym, and landscaped gardens, making it a perfect haven for those who crave the finer things in life.
The property’s location is another major factor that contributes to its high value. Jayamahal Extension is a prime location in Bengaluru, with easy access to the city’s main business districts, shopping centers, and entertainment hubs. The area is also home to some of the city’s best schools, hospitals, and restaurants, making it an ideal choice for families and individuals who value convenience and proximity to essential amenities.
But what drives someone like Shruti Pai to invest such a massive sum in a single property? There could be several reasons, including the desire to own a luxurious abode, the need for a secure investment, or the desire to create a legacy for future generations. Whatever the reason, it’s clear that Shruti Pai is willing to spend big to get what she wants.
In conclusion, the purchase of a ₹64 crore flat by Shruti Pai is a significant event in Bengaluru’s real estate market, highlighting the growing demand for luxury properties in the city. As the city continues to grow and thrive, it’s likely that we’ll see more such investments in the future, shaping the real estate landscape of Bengaluru for years to come.
