Real Estate Transactions

Macrotech sells 1.62 lakh sq ft office space in Thane for Rs.188-Cr

Economic Times  

Realty developer Lodha Group (Macrotech Developers) has sold 1.62 lakh sq. ft. office space spread across five floors in its commercial project Lodha iThink in Kolshet locality of Thane near Mumbai to another property development and investment company National Realty for INR 188 crore. National Realty, a local developer, has bought the office space on 6th, 10th, 11st, 12th and 14th floors of one of the towers of the commercial development at INR 11,627 per sq. ft. on carpet area basis. The buyer intends to lease out the properties to tenants.

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