 "Strata acquires Bengaluru's iconic CCD headquarters for about Rs 150 crore")
Commercial real estate investment platform Strata has acquired the 11-storey Café Coffee Day (CCD) Square located at Bengaluru’s premium Vittal Mallya Road for an estimated value of about Rs 150 crore. With this property, Strata’s Karnataka asset transaction value crosses Rs 410 crore.
“We are thrilled to unveil the CCD Square, a grade-one commercial property that embodies our commitment to excellence and innovation. The asset is an icon among the notable properties in Bangalore. This acquisition marks not just the addition of a remarkable structure to our portfolio, but a significant step towards our unwavering commitment to build and manage superior assets and deliver promising returns to our investors,” said Sudarshan Lodha, Co-founder and CEO, Strata.
“Through its tech-enabled platform, Strata has over 100,000+ members worldwide, including more than 3000 investors. The investor base comprises Non-Resident Indians (NRIs), High Net-worth Individuals (HNIs), family offices, top management from Fortune 500 companies, Ultra High Net-worth Individuals (UHNIs), and institutional investors, contributing to Strata’s global appeal and success in the commercial real estate investment landscape,” Lodha added.
The Café Coffee Day Square has a total built-up area of over 100,000 square feet, and each floor measures approximately 9,000 square feet. The property is surrounded by upscale malls, premium brand retail outlets, restaurants, transportation hubs, ATMs, and more.
The CCD Square Property is Strata’s 7th asset in Bengaluru. Strata has 34 assets under its portfolio all across India with Assets Under Management (AUM) spanning over 3.7 million square feet. Some of Strata’s marquee properties include premium office spaces across Navi Mumbai, Pune, and Hyderabad.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%