Panchshil Realty's Arm Acquires Capgemini’s Knowledge Park in Airoli for ₹550 Crore
Prime Lohegaon Infraspaces LLP, a subsidiary of Panchshil Realty, has acquired Capgemini’s Knowledge Park in Airoli, Thane, for ₹550 crore, marking one of the largest commercial real estate transactions of the year in the Mumbai Metropolitan Region.
Real EstateCommercial PropertyPanchshil RealtyCapgeminiAiroliReal Estate NewsSep 27, 2025
The deal includes multiple land parcels and buildings in the Thane Creek Industrial Area at Dighe, Airoli, in the Thane district. The acquisition covers a total of 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. 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.
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 2025 alone, Panchshil has purchased real estate worth over ₹1,000 crore near Mumbai. For instance, Gramercy Info Park Pvt Ltd, an arm of Panchshil Realty, purchased two industrial land parcels in Navi Mumbai's Ghansoli area for ₹615 crore in February 2025. The first transaction involved 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. The second transaction included 1.18 lakh sq m in the TTC Industrial area of MIDC Ghansoli, purchased for ₹379.65 crore.
These transactions were registered on February 11, 2025. The sellers were Savitri Tulsidas Mehta and others. A stamp duty of ₹30.75 crore and registration fees of ₹60,000 were paid for both land transactions.
Panchshil Realty, known for its luxury real estate developments, previously partnered with the Trump Organization to develop the Trump Towers in the Kalyani Nagar area of Pune. 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.
Frequently Asked Questions
What is the value of the Capgemini Knowledge Park acquisition?
The acquisition of Capgemini’s Knowledge Park in Airoli, Thane, near Mumbai, by Prime Lohegaon Infraspaces LLP, a subsidiary of Panchshil Realty, is valued at ₹550 crore.
What does the acquisition include?
The acquisition includes multiple land parcels and buildings spread across 15.38 acres. It comprises five commercial buildings, a training center, utility buildings, a visitors' plaza, three cafes, and a guest house.
Who are some of the companies currently operating in the Capgemini Knowledge Park?
Some of the companies operating in the Capgemini Knowledge Park include Here Technologies (Here Mumbai), GEP, Atos Global IT Solutions & Services Pvt Ltd, and Solcen Technologies Pvt Ltd.
What other significant real estate transactions has Panchshil Realty made in 2025?
In 2025, Panchshil Realty purchased real estate worth over ₹1,000 crore near Mumbai. Notably, Gramercy Info Park Pvt Ltd, an arm of Panchshil Realty, bought two industrial land parcels in Navi Mumbai's Ghansoli area for ₹615 crore.
What is Panchshil Realty known for in the real estate market?
Panchshil Realty is known for its luxury real estate developments, including a partnership with the Trump Organization to develop the Trump Towers in the Kalyani Nagar area of Pune. The project features two 23-story towers with 46 single-floor apartments each.
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