Bayer sells Thane plot for Rs 260 cr
Real Estate

Bayer sells Thane plot for Rs 260 cr

German major Bayer CropScience has sold approximately 108 acre at Thane to Agile Real Estate, a subsidiary of real estate developer Kalpataru. The deal is estimated to be Rs 1,300 crore. The company has received an amount of Rs 260 crore from the sale. In September 2010, around ten leading realty companies including Lodha Developers, Wadhwa Group, Peninsula Land, Sheth Developers and Runwal Group had shown interest in buying the plot in Thane.

Contact: Bayer. Website: www.secure-bayer.com

German major Bayer CropScience has sold approximately 108 acre at Thane to Agile Real Estate, a subsidiary of real estate developer Kalpataru. The deal is estimated to be Rs 1,300 crore. The company has received an amount of Rs 260 crore from the sale. In September 2010, around ten leading realty companies including Lodha Developers, Wadhwa Group, Peninsula Land, Sheth Developers and Runwal Group had shown interest in buying the plot in Thane. Contact: Bayer. Website: www.secure-bayer.com

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