Gaming Firm Gameskraft Buys Rs 130 Cr Commercial Property in Bengaluru
Bengaluru-based online gaming start-up, Gameskraft Technologies, has bought an office space in the city for Rs 129.99 crore. The deal for the 1.21 lakh sq ft property was registered on August 31, 2021. Gameskraft bought the property spread across 1.21 lakh sq ft from Embassy Property Developments, the documents showed. The property, called Embassy Techsquare, Delta, is located in Marathahalli, Bengaluru’s eastern suburb that is a commercial hub and has residential areas. Gameskraft has bought the sixth, seventh and the eighth floors of the building. “This is positive news for the overall office sector and Bengaluru in particular. Online gaming is one of those sectors which has been thriving during the pandemic. And with gig economy and concepts like work-from-home becoming more mainstream, the gaming industry will create more opportunities for employment and recreation,” said Raja Seetharaman, co-founder Propstack.
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