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LegaLogic acts on $83m Paranjape Schemes buy of Pune’s BlueRidge SEZ

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.


Deal value: INR 583 Crore

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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