India, Feb. 26 -- TVS Emerald has purchased a 10-acre land parcel in Sathnur, Bengaluru. The acquisition has a development potential of 1.4 million sq ft and a revenue potential of Rs.1600 crore, the company said on February 25.

This is the fourth acquisition made by the real estate developer in the current financial year. With the latest acquisition, the company said that TVS Emerald has added land deals with a total revenue potential of Rs.5,300 crore in FY25.

The company had earlier acquired two land parcels in Chennai (a 12-acre parcel on Radial Road and a 4.8-acre parcel in Padur) and a four-acre parcel in Thanisandra, Bengaluru.

The brand's overall potential for projects under development now stands at 8.2 million sq ft, the comp...