Plot of land For Sale Bangalore Ad:2654417

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India > Karnataka > Bangalore

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₹4,000,000

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Plot of land
For Sale
Bangalore
India

Price: Rs. 2000/-
Plot area: 2000Sq ft 2 Sites, 1200Sq feet 1site.

Item no1:
Land : 2000 sqft(50 *40)

Item no2:
Land : 1200sqft(30 *40)

BANGALORE/MUMBAI: Private equity giant Blackstone may finance south-based Embassy Property Development`s purchase of 22% stake in Manyata Tech Park, the country`s largest operational tech SEZ located in Bangalore, from HDFC Property Ventures for Rs 540 crore, said sources privy to the development.
The PE behemoth is likely to back Embassy`s stake purchase through a combination of convertible equity and debt totaling $100 million , or roughly Rs 450 crore, sources added. The transaction , if clinched, could mark Blackstone`s biggest real estate investment in India.
Situated behind the IT SEZ `Manyata Tech Park`, this location is one of the most sought-after neighbourhoods in Bangalore that is developing at a very rapid pace. Numerous Commercial Establishments, Entertainment Hubs, Malls, Educational Institutions and Health-care Centers are at immediate vicinity and several under development. The most important facet of this location is its close proximity to the Outer Ring Road (ORR), Bangalore International airport (BIA) and the Peripheral ring road which entails easy access to all parts of Bangalore. With several infrastructural development activities under progress, this location is the destination of tomorrow.

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