RPT-ICICI Pru unit buys 50 pct in DS Kulkarni project
(Repeats story issued on Wednesday)
MUMBAI, July 9 (Reuters) - Real-estate firm DS Kulkarni Developers Ltd (DSKL.BO: Quote, Profile, Research) said on Wednesday it has sold 50 percent in a unit setting up a premium Bangalore residential project to ICICI Prudential PMS Real Estate Portfolio, for 350 million rupees.
ICICI Prudential PMS has invested in the project at the land acquisition stage, the company said.
Last week, D S Kulkarni sold 50 percent in a unit setting up a special economic zone in Pune to GTC Cyprus for $90 million.
Ahead of the announcement, DS Kulkarni shares ended at 95.30 rupees, up 2.2 percent in a strong Mumbai market.
(Reporting by Prashant Mehra; editing by Sunil Nair)
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