Sachin Bansal buys two properties in Bengaluru

Sachin Bansal, who came into a fortune following the acquisition of Flipkart by Walmart, is using at least some of that money to buy more property. The homegrown ecommerce site's co-founder has inked deals to buy two residential properties in the upmarket locality of Koramangala in Bengaluru for about Rs 45 crore, according to people familiar with the matter. Bansal already resides in Koramangala in his own place, in an area often described as the boulevard of billionaires. Among other self-made billionaires owning homes in this area are Infosys co-founders 5,000 sqft. He's paying Rs 44,000 per sqft and Rs 38,000 per sqft, respectively, for them.