Gopalkrishnan, now chairman of Axilor Ventures, which invests in early stage startups, bought the two properties in Koramangala 3rd Block. The neighbourhood is known as the Billionaire’s Paradise and includes residents like Infosys chairman Nandan Nilekani, Narayana Health founder Devi Shetty and the Bansals of Flipkart.
Gopalkrishnan declined to comment on the transactions. A property measuring 10,162 sqft was bought by Gopalakrishnan’s SGK Investment Trust from Bikaner House Ltd, as per the documents.
The capital value was Rs 39,363 per sqft, translating into a sale price of Rs 40 crore. It was registered in June. The other property, worth Rs 36 crore, was transacted in April. It is 9,600 sqft, and the seller is Joseph Thomas.