Panchshil Realty's Arm Acquires Capgemini's Knowledge Park for ₹550 Crore
Pune-based Panchshil Realty's subsidiary, Prime Lohegaon Infraspaces LLP, has acquired Capgemini’s Knowledge Park in Airoli, Thane, near Mumbai, for ₹550 crore. This transaction, registered on September 17, 2025, is one of the largest commercial real estate deals in the Mumbai Metropolitan Region this year, according to property registration documents accessed by CRE Matrix.
The acquisition includes multiple land parcels and buildings in the Thane Creek Industrial Area at Dighe, Airoli, in the Thane district. The deal covers multiple plots spread across a total of 15.38 acres, which together comprise five commercial buildings, a training center, utility buildings, a visitors' plaza, three cafes, and a guest house, as per the documents.
The campus is a significant IT hub in the region and has been home to thousands of technology professionals. Companies such as Here Technologies (Here Mumbai), GEP, Atos Global IT Solutions & Services Pvt Ltd, and Solcen Technologies Pvt Ltd have their office spaces here.
An email query sent to Panchshil Group and Capgemini Technology Pvt Ltd did not receive any response. 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. Gramercy Info Park Pvt Ltd, an arm of Pune-based Panchshil Realty, purchased two industrial land parcels in Navi Mumbai's Ghansoli area for ₹615 crore in February 2025, according to property registration documents accessed by Propstack.com.
The first transaction involves a 73,600 sq m land parcel in the TTC Industrial Area in the MIDC area of Ghansoli, Navi Mumbai. According to the documents, the land was purchased for ₹235.34 crore. The second transaction includes 1.18 lakh sq m in the TTC Industrial area of MIDC Ghansoli. The documents show that the land was purchased for ₹379.65 crore.
The transactions were registered on February 11, 2025. The sellers are Savitri Tulsidas Mehta and others. The documents showed that a stamp duty of ₹30.75 crore and registration fees of ₹60,000 were paid for both land transactions.
Panchshil Realty, a luxury real estate developer 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.
