Avenue Supermarts, the operator of DMart, has acquired a 1.7 lakh sq. ft. commercial building in Bengaluru for ₹106.2 crore. Located in Panathur Village, East Bengaluru, the transaction includes multiple floors, basement parking, and terrace rights, highlighting growing corporate investment in premium commercial real estate assets.
Corporate ownership of commercial real estate is gaining momentum in India’s leading business hubs, with Avenue Supermarts Limited, the company behind the DMart retail chain, acquiring a large commercial asset in Bengaluru for ₹106.2 crore. According to property registration documents, the acquisition involves multiple floors of a commercial building located in Panathur Village, Varthur Hobli, a rapidly developing business district in East Bengaluru.
The transaction reflects increasing confidence in Bengaluru’s commercial real estate market, where strong business activity, infrastructure development, and sustained occupier demand continue to attract both investors and corporate buyers. While the city remains one of India’s largest office leasing markets, it is also witnessing a growing trend of companies investing directly in commercial assets to support long-term operational and strategic requirements.
Large-Scale Commercial Acquisition in East Bengaluru
The acquired property, identified as Block-A, offers approximately 1.70 lakh square feet of built-up area and includes an undivided land share of nearly 43,560 square feet. Property records indicate that Avenue Supermarts purchased the asset from a group of sellers, with the transaction officially registered on April 13, 2026.
The deal covers the ground floor, first floor, second floor, third floor, basement, and terrace area of the building. In addition to office and commercial space, the acquisition includes substantial parking infrastructure within the basement, enhancing the property’s suitability for large-scale corporate operations.
A stamp duty payment of ₹2.12 crore was made as part of the transaction, underscoring the scale of the investment and its significance within Bengaluru’s commercial property landscape.
Strategic Location Supports Long-Term Growth
Panathur and the surrounding East Bengaluru region have emerged as important commercial destinations due to their proximity to major IT corridors, residential developments, and business parks. Improved connectivity and continued infrastructure expansion have made the area increasingly attractive for occupiers seeking access to talent pools and business ecosystems.
For companies like Avenue Supermarts, acquiring commercial assets in strategic locations provides greater operational flexibility while also offering long-term value appreciation potential. As commercial real estate prices continue to rise in key Bengaluru micro-markets, ownership of institutional-grade assets is becoming an increasingly attractive proposition for large corporates.
Bengaluru Continues to Lead Commercial Real Estate Activity
The acquisition comes at a time when Bengaluru is strengthening its position as India’s leading office market. The city remains a preferred destination for technology firms, Global Capability Centres (GCCs), startups, financial institutions, and flexible workspace operators.
Recent industry reports have highlighted Bengaluru’s growing dominance in India’s office REIT ecosystem and commercial leasing market. Demand for Grade A office spaces remains robust, supported by ongoing expansion from domestic enterprises and multinational companies alike.
Corporate Real Estate Investments Gain Momentum
The latest acquisition is part of a broader real estate activity involving the DMart group and related entities. Over the past year, the company has also been associated with significant warehousing and property transactions, reflecting a strategy focused on strengthening operational infrastructure across key markets.
As businesses increasingly seek control over critical real estate assets, commercial property ownership is becoming a strategic tool rather than merely an operational requirement. For the coworking, managed office, and flexible workspace sectors, such transactions reinforce the long-term attractiveness of premium commercial developments in major business hubs.
DMart’s ₹106.2 crore investment serves as another indicator of the confidence that leading corporates continue to place in Bengaluru’s commercial real estate market. As the city attracts more occupiers and institutional capital, demand for high-quality office and mixed-use assets is expected to remain strong in the years ahead.
