CNBC-TV18 has learnt that bread to biscuits major Britannia is going to unlock value from its Bangalore headquarters spread over 7-8 acres in the heart of the city. In an exclusive conversation with Sunanda Jayaseelan, Jeh Wadia, managing director of Bombay Realty which will be undertaking this development says that he is bullish on the potential of both commercial and residential development in South India. What is more is that he has indicated that the Bangalore JV may not be the only one.
It has been understood that Britannia and Bombay-headquartered Bombay Realty, which is the realty arm of the Wadia Group have formed a joint venture for the purpose of converting Britannia
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