Infosys has sold a 53.56-acre land parcel located in the Attibele area of Anekal Taluk on the outskirts of Bengaluru to real estate developer Puravankara Limited. The transaction, valued at approximately ₹250 crore, has drawn public attention after questions were raised about whether the land was originally allotted by the Karnataka government for industrial purposes.
Clarifying the issue, the Karnataka Industries Department stated that the land sold by Infosys was not allotted by the state government. Officials confirmed that the parcel was privately acquired by Infosys several years ago and therefore did not fall under any government allotment or concession scheme. The sale was completed on December 20, 2025, through Puravankara’s subsidiary, Purva Blue Home Ventures Private Limited.
According to official records, the land is situated close to Electronic City Phase II, a region that has witnessed steady infrastructure development and rising real estate activity over the years. The parcel is considered strategically located due to its proximity to major employment hubs, road connectivity, and upcoming urban expansion corridors.
The Industries Department further explained that land parcels allotted by the government to companies for industrial use are governed by specific conditions. However, once those conditions are fulfilled and legal sale deeds are issued, companies are permitted to sell such land in accordance with prevailing laws. In this case, authorities reiterated that the Attibele land does not fall into the category of government-allotted industrial land.
The transaction gained political attention after some leaders questioned whether companies should be allowed to sell land originally meant for industrial development. Infosys responded by maintaining that the land in question was privately purchased and that the sale complied with all legal requirements.
From a real estate perspective, the acquisition aligns with Puravankara’s strategy to expand its land bank in key Bengaluru micro-markets. Industry estimates suggest that the land parcel has significant development potential, with a large saleable area that could support residential or mixed-use projects in the future.
Experts note that large land deals on Bengaluru’s outskirts reflect continued confidence in the city’s long-term real estate growth. With infrastructure development and housing demand gradually expanding beyond the city core, such transactions are expected to play an important role in shaping future urban development patterns.
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