Esencia Partners, a firm backed by Manipal Group chairman Ranjan Pai, has acquired a prestigious 25,824 sq ft property on Lavelle Road in Bengaluru for approximately ₹165.6 crore, marking one of the city's most significant luxury real estate transactions this year.

Arkade Developers has acquired the iconic Filmistan Studio land in Goregaon West for ₹165 crore, setting the stage for a ₹2,000 crore luxury residential project. This marks a major transformation of the historic site into a high-end real estate development.