Property fund Ascendas India Trust has agreed to buy IT-focused special economic zone BlueRidge phase III with total leasable space of 1.8 million sq ft in Pune’s Hinjewadi area. Initially and during the construction period, a-iTrust’s investment will be through debt to be used towards repayment of certain existing liabilities and construction. — The Economic Times

LegaLogic Consulting advised Paranjape Schemes Construction Limited and its group entities, including Nalanda Shelter Private Limited and Brickmix Developers Private Limited, led by a team of partners Vivek Sadhale and Vikas Agarwal, senior legal advisor Nikita Navindgikar, legal advisor Yuga Kekare.

2019-06-14

Deal value: INR 583 Crore

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