Capgemini Divests Airoli Knowledge Park to Panchshil Realty arm for Rs 5.50 Bn
Real Estate

Capgemini Divests Airoli Knowledge Park to Panchshil Realty arm for Rs 5.50 Bn

In one of the largest commercial real estate transactions in the Mumbai Metropolitan Region this year, Prime Lohegaon Infraspaces LLP, a subsidiary of Pune-based Panchshil Realty, has acquired Capgemini’s Knowledge Park in Airoli, Thane, for Rs 5.50 billion.

According to property registration documents accessed by CRE Matrix, the deal was registered on September 17, 2025, and attracted a stamp duty of Rs 270.5 million. The acquisition includes multiple land parcels and buildings within the Thane Creek Industrial Area at Dighe, Airoli.

Spread across 15.38 acres, the Knowledge Park campus comprises five commercial buildings, a training centre, utility buildings, a visitors' plaza, three cafes, and a guest house. The property has been a significant IT hub, hosting thousands of technology professionals. Companies such as Here Technologies (Here Mumbai), GEP, Atos Global IT Solutions & Services, and Solcen Technologies currently operate from the campus.

This acquisition marks another major expansion for Panchshil Realty in the Mumbai region. Earlier in 2025, its arm Gramercy Info Park purchased two industrial land parcels in Navi Mumbai’s Ghansoli area for Rs 6.15 billion, further strengthening its footprint in the city’s commercial real estate market.

Panchshil Realty, one of Pune’s leading developers, has been steadily broadening its portfolio across Mumbai, with acquisitions in excess of Rs 10 billion this year alone.

News source: Hindustan Times

In one of the largest commercial real estate transactions in the Mumbai Metropolitan Region this year, Prime Lohegaon Infraspaces LLP, a subsidiary of Pune-based Panchshil Realty, has acquired Capgemini’s Knowledge Park in Airoli, Thane, for Rs 5.50 billion.According to property registration documents accessed by CRE Matrix, the deal was registered on September 17, 2025, and attracted a stamp duty of Rs 270.5 million. The acquisition includes multiple land parcels and buildings within the Thane Creek Industrial Area at Dighe, Airoli.Spread across 15.38 acres, the Knowledge Park campus comprises five commercial buildings, a training centre, utility buildings, a visitors' plaza, three cafes, and a guest house. The property has been a significant IT hub, hosting thousands of technology professionals. Companies such as Here Technologies (Here Mumbai), GEP, Atos Global IT Solutions & Services, and Solcen Technologies currently operate from the campus.This acquisition marks another major expansion for Panchshil Realty in the Mumbai region. Earlier in 2025, its arm Gramercy Info Park purchased two industrial land parcels in Navi Mumbai’s Ghansoli area for Rs 6.15 billion, further strengthening its footprint in the city’s commercial real estate market.Panchshil Realty, one of Pune’s leading developers, has been steadily broadening its portfolio across Mumbai, with acquisitions in excess of Rs 10 billion this year alone.News source: Hindustan Times

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement