Piramal Capital sells commercial building in Kalina
Finance sector firm Piramal Capital and Housing Finance (PCHFL) has sold its entire standalone office tower Napha Building with 8 upper floors and three podiums in the Kalina locality of Mumbai’s Santacruz. The property is sold to Shoquba Realty for Rs 187 crore. The sold property was originally owned by DHFL and includes 77,079 square feet.
This sale is part of Piramal's strategy to divest non-core assets following the DHFL acquisition.
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