Maia Estates raises Rs 1,000 crore for office project in Bengaluru
The affiliate of Bangalore-based luxury residential developer Maia Group (Maia), Maia Estates has raised Rs 1,000 crore from CapitaLand India Trust (CLINT) to finance its office project. This office project would be located at Nagawara, Outer Ring Road (ORR) Bengaluru.
MAIA Estates has signed a forward purchase agreement with CapitaLand India Trust to acquire an office project in Bangalore for over Rs 1471.7 crore. This project is a part of a mixed-use development and will be fully funded by CLINT, with the acquisition expected to finalize in 2030.
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