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India: Kotak Realty Fund sells property to Tata Realty

Posted on 08 March 2011

From Indiatimes.com: Kotak Realty Fund, a unit of Kotak Mahindra Bank , said on Monday it sold Peepul Tree Properties Pvt Ltd , one of its property assets, to Tata Realty Fund for 5.25 billion rupees or about $117 million.
Peepul Tree Properties owns an information technology park in Goregaon in suburban Mumbai, it said in a statement……………………………………….Full Article: Source

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