BENGALURU: Real estate developer Puravankara ProjectsBSE -1.39 % has sold an 18 acre land parcel off Kanakpura Road in Bengaluru for Rs 140 crore to Godrej PropertiesBSE -0.06 % and Dutch pension services provider APG.
“Puravankara has 40 acres of land within a radius of six kilometres and this was part of the surplus land that the company monetised,” said an executive with knowledge of the matter.
The Bengaluru-based developer plans to use the money for retiring the debt o ..