Pune’s tech hub of Kharadi is buzzing with excitement as Prestige Exora Business Parks, a subsidiary of Prestige Group, has recently acquired a prime 4.57-acre land parcel for a whopping Rs 200.20 crore. The deal, which was finalized with BU Bhandari M&M Realtors LLP, includes stamp duty payment of approximately Rs 14 crore and was registered on April 16.
Kharadi, known for its thriving tech scene, has been attracting major players in the industry over the past few years. With the development of global capability centers and the presence of SEZs like the EON IT Park, the area has become a hotspot for both commercial and residential development.
Prestige Exora Business Parks’ latest acquisition is a strategic move to solidify its position in Pune’s real estate market and expand its portfolio in key commercial zones. Stay tuned for more updates on this exciting development!
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