In West Bengal's largest real estate deal, DLF JV firm sells IT park for Rs 637 cr to Primarc, RDB
In the largest real estate deal of West Bengal, DLF joint venture firm DCCDL has sold an IT park in Kolkata to Primarc and RDB Group for Rs 637 crore to monetise the rent-yielding commercial asset. DLF Cyber City Developers Ltd (DCCDL) -- a joint venture firm between DLF Ltd and Singapore sovereign wealth firm GIC -- owns a large portfolio of commercial assets (office complexes and shopping malls) mainly in Delhi-NCR and Chennai.
DLF to sell Kolkata IT Park business to affiliate of Primarc and RDB groups for ₹637 crore
DLF sells Kolkata Tech Park 1 to RDB Primarc Techno Park for ₹637 crore, enhancing shareholder value and tech ecosystem.
DLF subsidiary sells Kolkata tech park to Primarc & RDB group for Rs 637 crore
Ltd has signed a definitive agreement to sell and transfer its Kolkata Tech Park 1 to RDB Primarc Techno Park LLP (an affiliate of Primarc & RDB group), on a slump sale basis for an aggregate consideration of Rs 637 crore,
DLF joint venture firm DCCDL sells IT park in Kolkata for Rs 637 crore
Realty major DLF joint venture firm DCCDL has sold an IT park in Kolkata to Primarc and RDB group for Rs 637 crore.
DLF's JV firm sells IT park in Kolkata for ₹637 cr to Primarc, RDB group
DLF Ltd announced on November 29 that its subsidiary, DLF Info City Developers (Kolkata) Ltd., a wholly owned subsidiary of DLF Cyber City Developers Ltd, has entered into definitive agreement to sell and transfer its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP,
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