+
CapitaLand India Trust Acquires Pune IT SEZ Project for Rs 7.73 Billion
ECONOMY & POLICY

CapitaLand India Trust Acquires Pune IT SEZ Project for Rs 7.73 Billion

CapitaLand India Trust has completed the acquisition of a substantial 1.4 million square feet Information Technology Special Economic Zone (IT SEZ) project in Pune for a noteworthy sum of Rs 7.73 billion. This strategic move reflects the trust's commitment to expanding its real estate portfolio in key growth markets.

The acquired IT SEZ project is positioned as a valuable asset in Pune, a city witnessing rapid development and becoming a prominent hub for the IT and business sectors. The investment aligns with CapitaLand India Trust's vision to capitalise on the potential of Pune's real estate market and contribute to the city's economic growth.

This significant acquisition emphasises CapitaLand India Trust's confidence in the long-term prospects of the Indian real estate sector, particularly in thriving business districts. The trust's strategic investment strategy aims to generate sustainable returns and enhance its presence in key commercial real estate markets.

The successful completion of this transaction underscores CapitaLand India Trust's position as a key player in India's real estate landscape. The acquisition of the Pune IT SEZ project positions the trust for continued growth and value creation in the dynamic and evolving Indian real estate market.

CapitaLand India Trust has completed the acquisition of a substantial 1.4 million square feet Information Technology Special Economic Zone (IT SEZ) project in Pune for a noteworthy sum of Rs 7.73 billion. This strategic move reflects the trust's commitment to expanding its real estate portfolio in key growth markets. The acquired IT SEZ project is positioned as a valuable asset in Pune, a city witnessing rapid development and becoming a prominent hub for the IT and business sectors. The investment aligns with CapitaLand India Trust's vision to capitalise on the potential of Pune's real estate market and contribute to the city's economic growth. This significant acquisition emphasises CapitaLand India Trust's confidence in the long-term prospects of the Indian real estate sector, particularly in thriving business districts. The trust's strategic investment strategy aims to generate sustainable returns and enhance its presence in key commercial real estate markets. The successful completion of this transaction underscores CapitaLand India Trust's position as a key player in India's real estate landscape. The acquisition of the Pune IT SEZ project positions the trust for continued growth and value creation in the dynamic and evolving Indian real estate market.

Next Story
Infrastructure Urban

Jupiter Opens First EV Showroom in Hyderabad

Jupiter Electric Mobility Pvt Ltd (JEM), the electric commercial vehicle arm of Jupiter Wagons Ltd, has inaugurated its first showroom in New Bowenpally, Secunderabad, Hyderabad. The launch also marks the introduction of its 1.05-tonne four-wheeler electric light commercial vehicle (eLCV), JEM TEZ, to Telangana’s growing logistics and intra-city freight market. This expansion underscores JEM’s commitment to delivering purpose-built sustainable mobility solutions and accelerating the electrification of India’s logistics sector.The new showroom, operated by Arven Motors Pvt Ltd, offers cus..

Next Story
Infrastructure Energy

Premier Energies Launches 620W DCR Solar Modules in India

Premier Energies Limited, one of India’s largest integrated solar manufacturers, has launched its next-generation 620W DCR solar modules using G12R TOPCon technology, now among the most powerful large-format panels available in the country.The new modules, built with Tunnel Oxide Passivated Contact (TOPCon) architecture, deliver superior power density, improved temperature coefficients, and enhanced low-light performance. The rectangular G12R N-type cell design enables higher string power and balance-of-system optimisation, making the panels suitable for utility-scale projects as well as com..

Next Story
Infrastructure Energy

ONGC Starts Gas Sales from Rajasthan Chinnewala Tibba Block

Oil and Natural Gas Corporation Limited (ONGC) has commenced natural gas sales from the Discovered Small Field (DSF-II) Block RJ/ONDSF/Chinnewala/2018, marking the successful monetisation of the Chinnewala Tibba field in the Rajasthan Kutch Onland Exploratory Asset (RKOEA). Gas sales officially began on 25 August 2025.This development highlights ONGC’s commitment to boosting domestic energy production and strengthening India’s energy security under the guidance of the Ministry of Petroleum and Natural Gas. Located in western Rajasthan, close to the Indo-Pakistan border, the Chinnewala Tibb..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?