An Indian tycoon has recently made waves in Bangalore’s esteemed Billionaire Street with a monumental real estate purchase. Situated in prime locales like Lavelle Road and Sadashivanagar, Billionaire Street in Koramangala is a coveted address among the city’s elite, counting among its residents renowned entrepreneurs, and affluent citizens.
Who is Ajit Isaac?
Ajit Isaac, the distinguished founder and chairman of Quess Corp, a multinational technology giant employing over half a million people across nine countries, has cemented his status as a Billionaire Street resident with a jaw-dropping acquisition.
About the luxurious house
The transaction, valued at a staggering Rs 67.5 crore for a 10,000 square foot plot, marks a new pinnacle in Bangalore’s real estate history, fetching a remarkable price of Rs 70,300 per square foot, as reported by Economic Times.
This landmark deal surpasses the previous record of Rs 68,000 per square foot, firmly establishing Isaac’s investment as the most opulent in Billionaire Street’s annals. Among the esteemed neighbors gracing this prestigious thoroughfare are industry luminaries like Sachin Bansal of Flipkart, whose abode is valued at Rs 45 crore, alongside Infosys co-founders Nandan Nilekani and Kris Gopalakrishnan.
Ajit Isaac’s education and career
A graduate of Loyola College, Madras, and the University of Leeds, Isaac’s entrepreneurial journey commenced in 2007 with the inception of Quess Corp, following a distinguished career spanning over 15 years in human resources roles at prominent firms like Godrej and Essar Group. Under his stewardship, Quess Corp has burgeoned into one of India’s foremost business service providers, boasting a formidable turnover of Rs 9,758 crore in FY22, as per Forbes.
The company specializes in an array of technology-driven staffing and managed outsourcing services, encompassing diverse sectors such as sales, marketing, telecom, and security management.
Beyond his corporate triumphs, Isaac is celebrated for his philanthropic endeavors. In a testament to his commitment to societal welfare, he bestowed a generous donation of Rs 105 crore upon the Indian Institute of Science (IISc) in 2022, facilitating the establishment of a Center for Public Health and Policy Research, as highlighted by The Hindu.
This recent acquisition adds to Isaac’s portfolio of upscale properties, following his acquisition of a Rs 52 crore bungalow in Koramangala in 2021, as reported by Economic Times. With his leadership, Ajit Isaac continues to make indelible strides in both business and philanthropy, leaving an enduring legacy on Bangalore’s illustrious Billionaire Street.