Real Estate Transactions

Adani Group to buy 92 acres in Navi Mumbai from K Raheja Corp for Rs.1,500-Cr

Economic Times  

The Adani Group is set to acquire realty developer K Raheja Corp's two land parcels spread over 92 acres in Navi Mumbai's Airoli locality for around INR 1,500 crore. The land parcels will be transferred to AdaniConneX, the data center joint venture between Adani Enterprises and US-based hyperscale data center provider EdgeConneX. K Raheja Corp had bought the adjacent land parcels from US-based specialty chemicals company Cabot Corporation and Mafatlal Group company Standard Industries

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