July 4, 2008 / 9:45 AM / 9 years ago

DS Kulkarni sells 50 pct in Pune SEZ unit for $90 mln

MUMBAI, July 4 (Reuters) - Real estate firm DS Kulkarni Developers Ltd (DSKL.BO) said on Friday it has sold 50 percent stake in a unit that is setting up a multi-service special economic zone (SEZ) to investment firm GTC Cyprus for $90 million.

The unit will develop a 250-acre (101.2 hectares) SEZ with an investment of $1 billion. Total area in the project is estimated at 15 million sq ft. (Reporting by Prashant Mehra;Editing by Harish Nambiar)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below