Mumbai: Alchemist Township India Limited, a Delhi-based real estate developer, has bought 20 acres of prime land in the Aerotropolis being developed by Bengal Aerotropolis Projects Ltd (BAPL) at Durgapur, 180 kilometres from Kolkata. Leading international property consultants Jones Lang LaSalle (JLL) were the transaction mediators for this deal, which is West Bengal's largest land transaction in 2013 to date, said a press statement from JLL, the global property consultant.
"This acquisition marks Alchemist's formal entry into the East India residential real estate space," states a company spokesperson. "We are on an aggressive expansion and diversification drive, and the Durgapur Aerotropolis undertaking will be the first in several forays into the residential real estate domain. At Durgapur, we will be focusing on the budget homes segment."
28/05/13 Rajshri Mehta/Times of India
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"This acquisition marks Alchemist's formal entry into the East India residential real estate space," states a company spokesperson. "We are on an aggressive expansion and diversification drive, and the Durgapur Aerotropolis undertaking will be the first in several forays into the residential real estate domain. At Durgapur, we will be focusing on the budget homes segment."
28/05/13 Rajshri Mehta/Times of India
