{"id":875,"date":"2024-11-18T12:30:10","date_gmt":"2024-11-18T07:00:10","guid":{"rendered":"https:\/\/www.crematrix.com\/blog\/?p=875"},"modified":"2026-04-23T17:10:48","modified_gmt":"2026-04-23T11:40:48","slug":"lodha-group-acquires-2-8-acre-land-parcel-in-pune-from-paranjape-schemes-for-%e2%82%b9110-crore","status":"publish","type":"post","link":"https:\/\/www.crematrix.com\/blog\/lodha-group-acquires-2-8-acre-land-parcel-in-pune-from-paranjape-schemes-for-%e2%82%b9110-crore\/","title":{"rendered":"Lodha Group Acquires 2.8-acre Land Parcel in Pune from Paranjape Schemes for \u20b9110 Crore"},"content":{"rendered":"\n<p>The Lodha Group, also known as Macrotech Developers has purchased a 2.82-acre land plot in Pune&#8217;s Hinjewadi from Paranjape Schemes Constructions for approximately Rs 111 crore, according to documents accessed by <a href=\"https:\/\/www.crematrix.com\/\">CRE Matrix<\/a>. The transaction was registered on October 14. Lodha incurred a stamp duty of \u20b96.64 crore and a registration fee of \u20b930,000 for the land acquisition. A part of the land parcel has been identified as a Special Economic Zone (SEZ).<\/p>\n\n\n\n<p>This 2.8-acre plot is part of a larger 120-acre land parcel where Paranjape Schemes is developing an integrated township. The strategic location of the 2.8-acre land parcel in Hinjewadi, Pune&#8217;s IT hub, and its proximity to the Mumbai-Pune Expressway make it an attractive investment for Lodha Group.<\/p>\n\n\n\n<p>Paranjape Realty Spaces, a group entity of the seller, had mortgaged the land parcel to obtain a loan from ASK Real Estate Special Opportunities Fund II and III, managed by ASK Properties Investment Advisors.&nbsp;<\/p>\n\n\n\n<p><strong>Recent Land Transactions in Pune<\/strong><\/p>\n\n\n\n<p>Land deals are picking up pace in India&#8217;s major real estate markets including Pune. Developers and investors are actively seeking prime land parcels to fuel their new projects, leading to both outright acquisitions and joint ventures.<\/p>\n\n\n\n<p>In a recent transaction, <a href=\"https:\/\/www.crematrix.com\/blog\/prestige-groups-subsidiary-acquires-4-57-acre-land-in-pune-for-%e2%82%b9-200-crore\/\">Prestige Group\u2019s subsidiary acquired a 4.57-acre land parcel in Pune<\/a> for \u20b9200 crore.&nbsp;<br><br>Elevate your decisions in real estate as a developer or broker with CRE Matrix\u2018s data-driven insights. <a href=\"https:\/\/www.crematrix.com\/#schedule_demo\">Book a demo now<\/a>!<\/p>\n\n\n\n<h2><strong>Media Mentions<\/strong><\/h2>\n\n\n\n<ul><li><strong>Hindustan Times: <\/strong><a href=\"https:\/\/www.hindustantimes.com\/real-estate\/pune-real-estate-market-lodha-group-purchases-a-2-82-acre-land-parcel-for-rs-110-crore-in-hinjewadi-101731325065341.html\" rel=\"nofollow\">Macrotech Developers buys a 2.82-acre land parcel for \u20b9110 crore in Pune from Paranjape Schemes<\/a>.<\/li><li><strong>The Economic Times:<\/strong> <a href=\"https:\/\/economictimes.indiatimes.com\/industry\/services\/property-\/-cstruction\/macrotech-developers-buys-2-8-acres-in-punes-hinjewadi-from-paranjape-schemes\/articleshow\/115183459.cms?from=mdr\" rel=\"nofollow\">Macrotech Developers buys 2.8 acres in Pune\u2019s Hinjewadi from Paranjape Schemes<\/a>.<\/li><li><strong>Construction World:<\/strong> <a href=\"https:\/\/www.constructionworld.in\/amp\/Latest-Construction-News\/macrotech-acquires-land-in-pune-for-rs-110-crore-from-paranjape-schemes\/65175\" rel=\"nofollow\">Macrotech acquires land in Pune for Rs 110 crore from Paranjape Schemes<\/a>.<\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Lodha Group, also known as Macrotech Developers has purchased a 2.82-acre land plot in Pune&#8217;s Hinjewadi from Paranjape Schemes Constructions for approximately Rs 111 crore, according to documents accessed&hellip;<\/p>\n","protected":false},"author":1,"featured_media":876,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[147],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lodha Group Acquires 2.8-acre Land Parcel in Pune for \u20b9110 Crore | CRE Matrix<\/title>\n<meta name=\"description\" content=\"The Lodha Group has purchased a 2.82-acre land plot in Pune&#039;s Hinjewadi from Paranjape Schemes Constructions for approximately Rs 111 crore,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.crematrix.com\/blog\/lodha-group-acquires-2-8-acre-land-parcel-in-pune-from-paranjape-schemes-for-\u20b9110-crore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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