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Microsoft acquires 10.89 lakh sq ft of commercial plot from Finolex Industries in Pune

The commercial plot is located at Pimpri Waghere in Pune and has been acquired through an agreement with Finolex Industries to transfer the lease for Rs 328 crore, the document showed

Image: Reuters

Image: Reuters

Tech giant Microsoft Corporation (India) has acquired 10.89 lakh sq ft of commercial plot in Pune from Finolex Industries for a consolidated amount of Rs 328.84 crore, documents accessed by Propstack showed.

The commercial plot is located at Pimpri Waghere in Pune and has been acquired through an agreement with Finolex Industries to transfer the lease for Rs 328.84 crore, the documents showed.

The company has paid a stamp duty of Rs 16.44 crore on the deal, the documents showed.

Microsoft Corporation (India) refused to comment.