Deal Description

36 Acre Strategic Land Parcel – Devanahalli

Airport Growth Corridor | ITIR Zone | Nandi Hills View

Comprehensive Institutional Deal Document

Date: 24 February 2026

SECTION 1 – Investor Pitch Deck

Executive Summary

36-acre contiguous land parcel located in Devanahalli, Bangalore North – within Airport Economic & ITIR corridor. Converted via Udyog Mitra route with clear title and possession. 40 ft access road from NH. Suitable for Commercial and Residential development.

Indicative Expectation: ₹9.95 Crores per Acre

Total Indicative Land Value: ₹358.2 Crores

Development Options

• IT Tech Park (1.5–2.0 Mn Sq Ft potential)
• 250–300 Key Star Hotel + Convention Centre
• 120–150 Premium Luxury Villas
• Mixed Use Township

Investment Structures Available

• Outright Sale
• Joint Development (Revenue Share / Area Share)
• Hybrid Structure
• Partial Monetisation (10–20 Acres)

SECTION 2 – Institutional Valuation Report

Property Overview

Total Area: 36 Acres

Land Use: Commercial / Residential Permissible

Conversion: Completed via Udyog Mitra Route

Access: 40 Ft Road from NH

Zone: ITIR Corridor

Expectation: ₹9.95 Cr per Acre

Valuation Methodologies Applied

1. Comparable Market Method
2. Residual Development Method
3. Strategic Corridor Premium Assessment

Conclusion

Fair Institutional Value: ₹358.2 Crores (Indicative)

Subject to Due Diligence and Structure Finalisation

SECTION 3 – 10 Year Financial Feasibility (Illustrative)

Villa Development Scenario

130 Villas | 4,000 Sq Ft Avg | ₹9,000 per Sq Ft

Estimated GDV: ₹468 Crores

Target IRR: 18–22% depending on structure

Hospitality Scenario

250 Keys | ADR aligned to Airport Zone

Target IRR: 16–18%

Land Viability Supports ₹9–10 Cr per Acre depending on structure

SECTION 4 – Joint Development Structure (Waterfall Model)

Typical Market Structures:

• 40:60 (Land : Developer)
• 35:65 (Land : Developer)
• Revenue Share 20–30%

Suggested Institutional Waterfall

Stage 1 – Project Cost Recovery

Stage 2 – Preferred Return to Investor (12–15%)

Stage 3 – Profit Share Split (as per negotiated ratio)

Land Equity Valuation Reference: ₹350+ Crores

SECTION 5 – Fundgini Optimised Posting + Executive Teaser

Fundgini Listing Summary

36 Acre Strategic Institutional Land Parcel – Devanahalli, ITIR Corridor, Airport Growth Zone. Commercial/Residential permissible. Converted via Udyog Mitra route. Seeking Outright Sale / Joint Development / Hybrid Structure.

Expectation: ₹9.95 Cr per Acre | Total ₹358.2 Cr

Serious Institutional Enquiries Only. NDA Required for Exact Location.

2 Page Executive Teaser (Condensed)

Rare contiguous 36-acre parcel in North Bangalore growth corridor. Suitable for Tech Park, Hospitality, Villas, or Mixed Use Township. Blend of View, Access, Conversion, and Institutional Scale.

Attached Files