Panchshil Realty Expands Portfolio with ₹550 Crore Thane Knowledge Park Acquisition
In a major real estate move, Panchshil Realty's subsidiary, Prime Lohegaon Infraspaces LLP, acquires Capgemini’s Thane Knowledge Park for ₹550 crore, solidifying its position in the Mumbai Metropolitan Region.
Real EstatePanchshil RealtyThane Knowledge ParkCommercial Real EstateMmrReal EstateSep 27, 2025
The seller in the deal is Capgemini Technology Services India Pvt Ltd, while the buyer is Prime Lohegaon Infraspaces LLP. This acquisition marks a significant addition to Panchshil Realty’s expanding commercial portfolio, underscoring the developer’s long-term bet on demand for Grade-A office parks. Industry trackers point out that the MMR has continued to see steady investment activity in commercial real estate, buoyed by leasing demand from IT/ITeS firms, global capability centers (GCCs), and co-working operators.
Large-ticket transactions such as this also reflect the growing trend of corporates monetizing non-core real estate assets while institutional and developer-backed players acquire income-generating properties for long-term rental yield. Panchshil Realty, which has built a strong presence in Pune’s commercial real estate market, has been increasingly looking at Mumbai to expand its footprint. This latest acquisition signals confidence in the resilience of the office segment despite the hybrid work shift.
The Thane Knowledge Park, with its prime location and well-developed infrastructure, is expected to attract further investment and leasing activity. The park’s strategic position in the Thane Creek Industrial Area makes it an attractive option for companies looking to expand their operations in the MMR. The acquisition is a testament to Panchshil Realty’s strategic vision and its commitment to delivering high-quality commercial real estate solutions.
Panchshil Realty, known for its robust portfolio of commercial and residential projects, has been at the forefront of the real estate sector in Pune and is now set to make a significant impact in Mumbai. The company’s focus on sustainable and innovative development practices has earned it a reputation for excellence and reliability in the industry. This acquisition is expected to further strengthen Panchshil Realty’s market position and contribute to the growth of the MMR’s commercial real estate sector.
Frequently Asked Questions
What is the total value of the acquisition?
The total value of the acquisition is ₹550 crore.
Who are the parties involved in this transaction?
The seller is Capgemini Technology Services India Pvt Ltd, and the buyer is Prime Lohegaon Infraspaces LLP, a subsidiary of Panchshil Realty.
What is the size of the land acquired?
The land acquired is 15.38 acres, comprising five buildings at Capgemini Knowledge Park.
What is the significance of this acquisition for Panchshil Realty?
This acquisition marks a significant addition to Panchshil Realty’s expanding commercial portfolio and underscores the developer’s long-term bet on demand for Grade-A office parks.
What is the stamp duty paid for this transaction?
The stamp duty paid for this transaction is ₹27.5 crore.
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