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Bengaluru real estate: People's Education Society buys two independent homes for ₹110 crore in Sadashiva Nagar
People's Education Society has purchased two independent houses along with the land for a cumulative amount of ₹110 crore in Bengaluru
People’s Education Society (PES), which runs PES University, has bought two independent houses in Bengaluru’s upscale Sadashiva Nagar area for a total of ₹110 crore, according to property registration documents accessed by Zapkey.com.
The first transaction, registered on April 1, 2025, involves the purchase of a vacant residential plot measuring 9,840 sq ft on 2nd Main Road, Sadashiva Nagar. The property was acquired from Woodkraft (India) Pvt Ltd for ₹55.5 crore.
The second transaction, dated January 22, 2025, shows PES purchasing another independent house, also on 2nd Main Road, from BPL Limited for ₹54.1 crore. This property comprises a 9,840 sq ft land parcel with a built-up area of 5,575 sq ft.
Strategic expansion in a prime locality
Sadashivanagar, known for its upscale residential character and proximity to central Bengaluru, has been witnessing significant interest from educational and institutional buyers due to its prime location and large plot sizes, property consultants said.
Also Read: Looking to buy land in Bengaluru? Here's how to choose between gated and standalone plots
According to media reports, PES University continues to invest in physical infrastructure and strategic expansion in Bengaluru.
According to the website, the People's Education Society was established in 1965, and PES University offers diverse programs in engineering, management, design, and life sciences.
Also Read: Narayana Hrudayalaya expands footprint with ₹246 crore land acquisition in Bengaluru
The university's website showed that it has three campuses in Bengaluru, including Ring Road, Hanumanth Nagar, and Electronic City.
“This is to confirm that the acquisition of the assets has been made by PES as mentioned in your article. Our Bangalore North R& D center will be built in this location. This is a strategic decision taken by the management to attract/retain faculty and collaborate with GCC partners with access to R&D facilities in the CBD area,” said Jawahar Doreswamy, Secretary, PES, in an email response to HT.com
Woodkraft India and BPL Limited could not be reached for comment.
According to documents accessed by Propstack, in a recent land deal in 2025, Narayana Hrudayalaya Limited acquired prime land parcels worth ₹246 crore along Bannerghatta Main Road in Bengaluru in three separate transactions in February 2025.
They showed that the deals involved over 46,000 sq ft of land in the Hulimavu locality, all purchased from members of the same family.
