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DLF has entered into a strategic agreement to sell its Kolkata Tech Park business to RDB Primarc Techno Park LLP. This deal, involving one of eastern India's largest IT parks, strengthens RDB's presence in the region's growing tech ecosystem. The sale reflects DLF's focus on enhancing shareholder value through asset portfolio optimization.
Godrej Properties has acquired 53 acres of land in Joka, Kolkata, to develop a residential project with a revenue potential of Rs 500 crore. The project will offer 1.3 million square feet of saleable area, featuring premium plotted developments in a rapidly growing area, strategically located near the city center and Diamond Harbour.