In a major move that underlines continued institutional interest in Bengaluru’s high-value residential zones, the People’s Education Society (PES) — which operates PES University — has acquired two premium properties in the upscale neighborhood of Sadashiva Nagar. The total transaction value stands at ₹110 crore, as per property registration data accessed by Zapkey.com.
This acquisition aligns with PES University’s strategy to expand its physical infrastructure across key locations in Bengaluru.
Key Details of the Property Deals
Deal 1: Woodkraft (India) Pvt Ltd
- Location: 2nd Main Road, Sadashiva Nagar
- Plot Size: 9,840 sq ft (vacant residential land)
- Sale Price: ₹55.5 crore
- Registration Date: April 1, 2025
Deal 2: BPL Limited
- Location: 2nd Main Road, Sadashiva Nagar
- Plot Size: 9,840 sq ft
- Built-Up Area: 5,575 sq ft
- Sale Price: ₹54.1 crore
- Registration Date: January 22, 2025
Strategic Expansion in Bengaluru’s Premium Zone
Sadashiva Nagar is one of Bengaluru’s most prestigious localities, known for its tree-lined avenues, proximity to key city zones, and large independent properties. The area has recently seen rising demand from institutional buyers like universities, hospitals, and private developers due to its central location and the availability of sizable land parcels.
A Bengaluru-based property consultant stated:
“Sadashivanagar offers rare inventory in terms of independent houses and large plots. It’s no surprise that institutions like PES are making long-term bets here.”
Property Acquisition Summary Table
| Details | Property 1 | Property 2 |
|---|---|---|
| Seller | Woodkraft (India) Pvt Ltd | BPL Limited |
| Location | 2nd Main Road, Sadashiva Nagar | 2nd Main Road, Sadashiva Nagar |
| Plot Size | 9,840 sq ft | 9,840 sq ft |
| Built-Up Area | N/A | 5,575 sq ft |
| Sale Value | ₹55.5 crore | ₹54.1 crore |
| Registration Date | April 1, 2025 | January 22, 2025 |
About People’s Education Society (PES)
- Established: 1965
- Operates: PES University
- Programs Offered: Engineering, Management, Design, Life Sciences
- Campuses:
- Ring Road
- Hanumanth Nagar
- Electronic City
PES University has consistently focused on expanding its infrastructure footprint in Bengaluru to support its growing academic and research ambitions.
Statement Awaited
While PES University has yet to respond to email queries regarding the acquisition, industry experts suggest the move could be part of a larger plan to establish a new campus or academic hub in central Bengaluru.
Attempts to reach Woodkraft (India) and BPL Limited for comment were unsuccessful at the time of writing.
Related Institutional Activity
In another significant real estate deal earlier in 2025, Narayana Hrudayalaya Limited acquired land parcels worth ₹246 crore in Hulimavu along Bannerghatta Main Road. The land, totaling over 46,000 sq ft, was bought in three separate transactions from members of the same family.
Frequently Asked Questions (FAQs)
Q1. Who has acquired the properties in Sadashiva Nagar?
A: People’s Education Society (PES), which runs PES University.
Q2. What is the total cost of the acquisition?
A: ₹110 crore for two properties.
Q3. Where are these properties located?
A: Both properties are on 2nd Main Road in Sadashiva Nagar, Bengaluru.
Q4. Why is Sadashiva Nagar significant for institutional buyers?
A: Due to its prime location, large land parcels, and proximity to city centers, it attracts interest from universities and hospitals.
Q5. What is PES University known for?
A: PES University offers diverse academic programs and operates multiple campuses across Bengaluru.