Global real estate consultancy JLL India has announced the successful sale of a premium 25,824 sq. ft. land parcel located on Lavelle Road, one of Bengaluru’s most prestigious addresses. The transaction, valued at approximately ₹165 crores, highlights the sustained investor confidence in prime commercial and mixed-use land in the city’s central business district.
JLL served as the exclusive transaction advisor for this marquee deal, reinforcing its leadership in high-value real estate transactions and land advisory services across India.
Lavelle Road, known for its strategic proximity to MG Road and UB City, continues to attract both institutional investors and high-net-worth individuals seeking prime development opportunities in the heart of Bengaluru.
“This transaction underscores the strong demand for premium land parcels in Bengaluru’s core micro-markets,” said a JLL spokesperson. “We are delighted to have facilitated this landmark deal that reflects the city’s enduring commercial appeal.”
Also read, Bengaluru Housing Sales to Rise 21% in July–September Quarter
Harsh Dev is a Senior Real Estate Advisor at BookNewProperty, specializing in investment analysis and long-term asset appreciation. With extensive experience in the Bangalore market, he tracks high-growth corridors and infrastructure shifts. Harsh provides data-backed insights to help readers navigate complex property trends and economic cycles.
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