Macrotech Developers has acquired the land parcel along with a co-investor company Home Crest Constructions. The deal, for which Lodha has paid stamp duty worth Rs 5.60 crore, was concluded and registered on July 11, showed the documents accessed by ET. Poonawalla Constructions, which had been holding this land parcel for a long time, counts Serum Institute’s Cyrus Poonawalla’s brother Zavareh Poonawalla as a partner.
from Industry-Economic Times
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