Tariq Premji, the younger son of billionaire philanthropist Azim Premji, has purchased a luxury duplex penthouse in central Bengaluru for ₹45.71 crore, according to property registration data accessed through Zapkey.

Tariq is a non-executive director at Wipro Enterprises and also serves as vice-president of the Azim Premji Endowment Fund.

The property, located at 27 Summit in Sampangiramnagar, was bought from Nestled Haven Developers LLP, part of MAIA Estates.

The duplex penthouse is spread across the 25th and 26th floors of the luxury residential project. According to Square Yards, the project is built on 2.61 acres and comprises premium 3BHK residences of around 4,200 sq ft priced at nearly ₹23 crore and 4BHK units spanning about 5,100 sq ft priced around ₹28 crore. Tariq Premji’s duplex penthouse, at over 10,600 sq ft in super built-up area across two floors.

The apartment has a carpet area of 7,065 sq ft and a super built-up area of 10,602 sq ft. The transaction values the property at around ₹43,123 per sq ft on the super built-up area basis, underscoring the continued appetite for ultra-luxury housing in Bengaluru’s prime micro-markets.

The deal also includes 11 covered car parking spaces in the basement levels, reflecting the scale and exclusivity associated with premium penthouse developments in the city. The property additionally carries a proportionate undivided share of 2,952 sq ft in the land parcel.

Located in central Bengaluru, Sampangiramnagar has emerged as a sought-after luxury residential micro-market due to its proximity to key CBD zones such as UB City, Vittal Mallya Road, Lavelle Road and Richmond Town. The locality has increasingly attracted business families, startup founders and HNIs looking for low-density premium developments close to the city’s commercial core.

The transaction adds to a growing list of high-value residential purchases by promoters, startup founders and business families in Bengaluru, especially in central and premium neighbourhoods such as Sampangiramnagar, Indiranagar, Koramangala and Sadashivanagar.

Published on May 20, 2026