DLF to sell Kolkata Tech Park 1 to RDB Primarc for Rs 637 crore

DLF, the country’s largest real estate company, plans to sell its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP (An affiliate of Primarc & RDB group), on a slump sale basis for an aggregate consideration of Rs 637 crores.

Kolkata Tech Park 1 is one of the largest IT parks in eastern India with a gross leasable area of approx. 1.49 million sqft. It is a LEED Platinum Certified building from USGBC and home to global technology leaders.