CJ Roy's family blames Kerala I-T officials
Confident Group owner CJ Roy took his life in Bengaluru; family blames repeated harassment by Kerala I-T officials. (Photo credit: @dr.roy.cj)
High-end lifestyle: Love for luxury cars
Roy owned 12 Rolls-Royce cars, a Bugatti Veyron, Koenigsegg Agera, Lamborghinis, McLaren 720S, and Mercedes-Maybach; he even repurchased his first Maruti car, offering a cash reward to trace it.
CJ Roy: One of Bengaluru’s wealthiest developers
From managing modest family property to becoming one of Bengaluru’s wealthiest developers and honorary consul, CJ Roy’s life reflects foresight, calculated risk-taking, and city-shaping vision.
1.3 million Instagram followers
CJ Roy had 1.3 million followers and posted about luxury cars, choppers, travel, family, and real estate; his last post, a Republic Day greeting, garnered close to 5 lakh views.
CJ Roy bought first vehicle in 1994
Roy’s relationship with cars began modestly. In 1994, he bought hi s first vehicle — a Maruti car. It wasn’t just a purchase; it was an emotional milestone.
No business stress, loans, or mental health issues
Roy’s brother, Babu, said he had no business stress, loans, or mental health issues; he remained in good spirits and stayed in touch with family until his last call on Friday morning.
Roy managed mother’s property accounts
CJ Roy started by managing accounts for his mother’s modest real estate dealings and quietly learned land transactions, cash flows, and market dynamics.
Invested in Bengaluru outskirts avoiding crowded districts
CJ Roy invested in Bengaluru outskirts when central districts were crowded, seeing potential in Sarjapur Road as a link between Whitefield and Electronics City.
CJ Roy entered real estate sector in 2001
Started with nine-to-five roles at BPL, TVS, and HP before entering the real estate sector in 2001, focusing on long-term peripheral growth rather than obvious central opportunities.
Acquired 150–200 acres in Sarjapur in 2005
In 2005, Roy acquired 150–200 acres in Sarjapur despite family resistance; only his wife supported the move, which later paid off spectacularly.