Keppel Puravankara Development (KPDL) a JV between Puravankara and Singapore based Keppel Land, one of Asia’s premier property companies, has entered into agreements to acquire a prime 7.63 acre site in Yeshwantpur in Bangalore, from Metro Cash & Carry India (MCCIN). The total consideration is approximately Rs 4.05 bn. The total consideration includes the cost of approximately Rs 800 mn for KDPL to construct a 160,000 sq ft retail-cum-office facility on the land, which will be handed over to MCCIN. Contact: Ashish R. Puravankara, Managing Director, Address: 39, 8th Main, 1 `a` Cross Bengaluru - 560052 T: 080-22356808 F: 080-41505008