The Bad PlaceTimes of India | Wipro founder Azim Premji’s son buys Rs 45.7 crore Bengaluru home
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Tariq Premji, the son of Wipro founder Azim Premji, purchased a luxury duplex penthouse at the “27 Summit” tower in central Bengaluru for roughly ₹45.7 crore, according to property‑registration documents. The unit, spanning the 25th and 26th floors, offers a carpet area of 7,065 sq ft, a super‑built‑up area of 10,602 sq ft and 11 covered parking spaces, pricing the property at about ₹43,123 per sq ft. Registered in February 2024, the development—by Maia Estates‑backed Nestled Haven Developers—received its occupancy certificate in April 2025 and is being hailed as one of the city’s largest residential deals of the year. The transaction underscores a broader surge in ultra‑luxury home purchases in Bengaluru, joining recent high‑value buys by tech founders such as Infosys’s NR Narayana Murthy and Quest Corp chair Ajit Isaac, and contributing to the city’s Rs 10 crore‑plus housing market, which crossed the ₹1,000 crore mark in annual sales for 2024‑25.
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Wipro founder Azim Premji’s son buys Rs 45.7 crore Bengaluru home
BENGALURU: Tariq Premji, son of billionaire philanthropist and Wipro founder Azim Premji, has bought a luxury duplex penthouse in central Bengaluru for Rs 45.7 crore, according to property registration documents shared via Zapkey.The apartment is located at “27 Summit,” an ultra-luxury residential tower in Sampangiramnagar near the city’s CBD. The project has been developed by Maia Estates-backed Nestled Haven Developers.