Sotheby’s International India enters the Bangalore luxury real estate market
India Sotheby’s International Realty (ISIR) announced its debut into the Bengaluru luxury market on September 27, 2022, with a unique promotional directive from Agrocorp Landbase (P) Limited for their grape farm project.
Agrocorp Landbase (P) Limited is constructing The Grape, a planned development project stretching across 25 acres, in collaboration with Grover Zampa Vineyards, a premium wine producer, with the goal of creating an exclusive vineyard farm neighbourhood. The project is 45 minutes’ drive from Hebbal and is situated on NH 648.
“We are thrilled to expand our commercial and capital markets transaction expertise in Bengaluru,” said Ashwin Chadha, president of India Sotheby’s International Realty.
“The Vineyard is a perfect project for us to make our residential debut in Bengaluru.” This novel idea of developing a premium vineyard lifestyle connects with our well-known brand. The Agrocorp team has firsthand knowledge of creating and maintaining 300 acres of farmland in and around Bengaluru, and we are convinced that this living cum investment prospect will be warmly appreciated by our increasing clientele of luxury purchasers,” Chadha remarked.
“When it comes to accessing the genuinely discriminating Indian luxury real estate buyer, India Sotheby’s International Realty’s network remains unrivalled.” This is the type of community we want to build at The Vineyard, and we look forward to this successful collaboration,” said Ayan Nagpal, MD of Agrocorp Landbase (P) Limited.
Affordability and locality are two of the most appealing aspects of what the business calls “India’s first controlled wine farms” initiative, which would supply
“portfolio potential for HNIs and techpreneurs seeking land assets with an unique urban farming experience.”
“Since the epidemic, there has been a substantial increase in the demand to acquire open green places.” We predict this project will be “sold out” in no time. “At ISIR, we anticipate enabling property listings worth Rs 500 crore in Bengaluru’s premium residential real estate over the next year,” Chadha said.
Sotheby’s International Realty (SIR) is a global brand with offices in 79 countries. In the year 2021, the company’s sales volume was $204 billion.
In July 2014, the brand started its footprint in India by opening its first office in New Delhi. Its offices are presently located in Delhi, Mumbai, Kolkata, Bangalore, and Goa.
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