Panchshil Realty Expands in Mumbai with ₹550 Crore Acquisition of Capgemini’s Knowledge Park
Panchshil Realty, a prominent player in Pune's real estate market, has made a significant move by acquiring Capgemini’s Knowledge Park in Airoli, near Mumbai, for ₹550 crore. This acquisition marks one of the largest commercial real estate transactions in the Mumbai Metropolitan Region this year.
Real EstatePanchshil RealtyCapgeminiMumbaiCommercial PropertyReal EstateSep 27, 2025
The deal includes multiple land parcels and buildings in the Thane Creek Industrial Area at Dighe, Airoli, in the Thane district. The total area covers 15.38 acres, comprising five commercial buildings, a training center, utility buildings, a visitors' plaza, three cafes, and a guest house. The campus is a significant IT hub in the region, home to thousands of technology professionals from companies like Here Technologies, GEP, Atos Global IT Solutions, and Solcen Technologies.
The transaction attracted a stamp duty of ₹27.5 crore. An email query sent to Panchshil Group and Capgemini Technology Pvt Ltd did not receive a response, but the story will be updated if a response is received.
Panchshil Realty, a leading player in Pune’s real estate market, has been steadily expanding its presence in Mumbai. In February 2025, Gramercy Info Park Pvt Ltd, another arm of Panchshil Realty, purchased two industrial land parcels in Navi Mumbai's Ghansoli area for ₹615 crore. These purchases included a 73,600 sq m land parcel in the TTC Industrial Area in the MIDC area of Ghansoli, Navi Mumbai, purchased for ₹235.34 crore, and a 1.18 lakh sq m land parcel in the same area for ₹379.65 crore. The transactions were registered on February 11, 2025, with a stamp duty of ₹30.75 crore and registration fees of ₹60,000 paid for both land transactions.
Panchshil Realty, known for its luxury real estate developments in Pune, previously partnered with the Trump Organization to develop the Trump Towers in the Kalyani Nagar area. The project features two 23-story towers, each offering 46 single-floor apartments. The ready-to-move-in apartments span a total of 3.69 lakh sq ft and comprise spacious 5.5 BHK units, solidifying Panchshil’s reputation in the luxury real estate market.
These recent acquisitions and developments highlight Panchshil Realty's strategic expansion into the Mumbai market, positioning the company as a major player in both Pune and the Mumbai Metropolitan Region. The company’s focus on high-quality, technologically advanced properties is expected to continue attracting significant interest from both corporate and individual clients.
Frequently Asked Questions
What is the total value of the acquisition of Capgemini’s Knowledge Park by Panchshil Realty?
The total value of the acquisition is ₹550 crore.
Where is Capgemini’s Knowledge Park located?
Capgemini’s Knowledge Park is located in Airoli, Thane, near Mumbai.
What are the key features of the Knowledge Park?
The Knowledge Park covers 15.38 acres and includes five commercial buildings, a training center, utility buildings, a visitors' plaza, three cafes, and a guest house.
Who are some of the major companies operating in Capgemini’s Knowledge Park?
Some of the major companies operating in the Knowledge Park include Here Technologies, GEP, Atos Global IT Solutions, and Solcen Technologies.
What other significant real estate transactions has Panchshil Realty made in 2025?
In February 2025, Panchshil Realty purchased two industrial land parcels in Navi Mumbai's Ghansoli area for ₹615 crore, and they have also developed the Trump Towers in Pune.
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