In one of the biggest land deals in the country in the last couple of years, Canada's Brookfield is set to buy a 30-acre land parcel in Navi Mumbai, a satellite town of Mumbai, for Rs 600 crore from K Raheja Corp, sources said.
Brookfield plans to build a data centre on the plot. Raheja, which bought the land parcel in Ghansoli of Navi Mumbai from US chemicals company Cabot Corporation in 2015 for Rs 210 crore, will get a three-time return from the sale.
Real estate experts said the price paid by Brookfield is in line with
Brookfield plans to build a data centre on the plot. Raheja, which bought the land parcel in Ghansoli of Navi Mumbai from US chemicals company Cabot Corporation in 2015 for Rs 210 crore, will get a three-time return from the sale.
Real estate experts said the price paid by Brookfield is in line with