Institutional Bet: PES Acquires Two Prime Houses in Sadashiva Nagar, Bengaluru for ₹110 Crore
People’s Education Society (PES), which runs PES University, has bought two adjacent independent residences in upscale Sadashiva Nagar for a combined ₹110 crore—one for ₹55.5 cr and the other for ₹54.1 cr—signaling institutional interest in prime Bengaluru real estate and underscoring sustained demand for legacy-grade properties.

PES Makes a Bold Move in Sadashiva Nagar
People’s Education Society (PES), the educational body behind PES University, has made headlines by purchasing two adjacent independent houses in Bengaluru’s upscale Sadashiva Nagar for a whopping ₹110 crore total. The first property—a 9,840 sq ft plot—was bought on April 1 for ₹55.5 crore from Woodkraft India, while the second—spanning 9,840 sq ft with a built-up area of 5,575 sq ft—was acquired on January 22 for ₹54.1 crore from BPL Ltd .
Why This Deal Matters
• Institutional Real Estate Entry: The purchases reflect a growing trend of educational institutions diversifying into real estate, signaling both long-term planning and asset diversification.
• Limited Premium Supply: Sadashiva Nagar is known for its exclusive, low-density plots where land parcels of this size are rare, hence commanding ultra-premium pricing ().
• HNW Investment Trends: As Propstack’s Sandeep Reddy notes, this is part of a broader pattern—HNW individuals and institutions are seeking marquee, legacy-grade properties in core locales with finite supply .
Bengaluru’s Micro-Market Strength
Sadashiva Nagar offers supreme connectivity, elite proximity to city amenities, and heritage value—factors that keep property valuations buoyant. This deal aligns with other recent big-ticket transactions:
• A villa bought for ₹54.39 cr by Market Financials’ CEO,
• A ₹57.6 cr purchase by Seema Ravanan,
• Suvarna Family Trust’s ₹45.78 cr acquisition in Jayanagar .
This robust demand is also fueled by India’s rising count of dollar-millionaires—on track for 1 million by 2027, up from ~330,000 in 2017—ensuring a solid market for high-end properties .
What’s Next for PES and the Market
• Purpose Clarity: PES’s motive could range from setting up a campus extension to holding the land as legacy real estate.
• Competitive Pressure: Large land parcels in top-tier locations will continue commanding strong premiums, with institutional buyers shaping future pricing trends.
• Buyer Takeaway: For other institutions and HNW buyers, the message is clear—prime land in Bengaluru remains a strategic asset, not just a property purchase.
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