Keppel Puravankara Development (KPDL) an associate company of Puravankara being a Joint Venture between Puravankara and Singapore based Keppel Land, one of Asia’s premier property companies, have entered into agreements to acquire a prime 7.635 acres site in Yeshwantpur, Bangalore, from Metro Cash & Carry India (MCCIN). The total consideration is around Rs 405 crore. The total consideration includes the cost of approximately Rs 80 crore for KDPL to construct a 160,000 sf. ft. retail-cum-office facility on the land, which will be handed over to MCCIN.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.
