CapitaLand India acquires project worth Rs 773 crore in Pune
The largest diversified real estate group CapitaLand India Trust has completed the acquisition of an IT Special Economic Zone (SEZ) project in Pune for Rs 773 crore. As per News 18, the firm has completed the acquisition of BlueRidge 3 Phase 1, a 1.4 million square feet (sq ft) multi-tenanted IT SEZ project in Hinjawadi, Pune. The project comprises an IT building and a cafeteria block.
This acquisition is part of a forward purchase arrangement with Nalanda Shelter Private Limited that was announced on 14 June 2019.
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