DLF’s stock surged nearly 2% following the announcement that its subsidiary, DLF Info City Developers (Kolkata) Ltd., has finalized a deal to sell Kolkata Tech Park 1 to RDB Primarc Techno Park LLP. The transaction, valued at approximately ₹637 crores, is structured as a slump sale.
Kolkata Tech Park 1 is a prominent IT hub in Eastern India, offering a gross leasable area of 1.49 million sq. ft. and is LEED Platinum-certified. Housing global technology giants, it stands as a key asset in the region’s commercial real estate market.
As of 9:44 am, DLF’s stocks were trading 0.76% higher at Rs 829.20 on the NSE.
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