The plot will have a development potential of around 3.6 million square feet, according to Mahindra Lifespace Developers
The seller has been identified as BU Bhandari M&M Realtors LLP. The buyers paid a stamp duty of around Rs 14 crore for the transaction
The deal was registered on July 24 and the buyer paid a stamp duty of more than Rs 13 crore
During the entire 2023-24 fiscal, property consultant Anarock said that real estate developers and other entities have closed 101 land deals, cumulatively accounting for 2,989 acres.
With easy access from the Golf Course Road Extension, the project would include about 1.6 million square feet of premium residential realty.
Thane continues to witness immense activity on the infrastructure front (flyovers, Metros, and Mumbai Nagpur expressway) and robust industrial and logistics parks development
One land parcel includes 10 acres of land along the golf course, and another 10 acres is along the Calcutta Riverfront
GSK had tried to sell the land parcel in 2014. But the deal fell through because of legal hurdles. Piramal Realty and K Raheja were frontrunners to buy the plot in 2014.
The income tax department's surveyed Dishman Pharma's premises over the weekend for taxation issues in a Rs 42 crore land deal involving Dishman SEZ and Dishman Pharma.
Gaursons India Limited bought 300 acres of land from Jaypee to develop a 240-acre township 'Gaur City' in partnership with Saviour at Noida Extension
Two top Haryana officers today sparred over cancellation of Robert Vadra-DLF land deal, with the Town and Country Planning head TC Gupta claiming there were "factual inaccuracies" in the orders by Ashok Khemka who stood by his decision and said the aggrieved parties were free to move court.
Congress on Wednesday rejected the demand for an inquiry into Robert Vadra's land dealings suggesting the action taken by Haryana IAS officer Ashok Khemka on a land deal involving the son-in law of Sonia Gandhi was an afterthought.
The Congress continued to remain in denial even as the Haryana government was forced to order a probe into the Robert Vadra-DLF Manesar deal.
India Against Corruption activist Arvind Kejriwal came out strongly against the Haryana government for transferring IAS officer Ashok Khemka, who was probing the Robert Vadra-DLF land deal.
Even as CNN-IBN has accessed documents that show that Robert Vadra bought acres of land in Mewat, Haryana, well below the circle rate, the Congress is staying adamant saying it will not order a probe into Vadra's land deals.
DLF's much speculated Mumbai land sale deal has once again gained steam as three buyers are in advanced stages of negotiation. Sources told CNBC-TV18, this deal could close in the next couple of months.