The deal for the 16.4 acre plot was registered on September 5 and involved Microsoft paying a stamp duty of INR 27.18 Cr and a registration fee of INR 30,000
With this, the company has acquired more than 30 acres of land in Pune in the past one month for a total investment of INR 973 Cr
This follows a similar transaction wherein Microsoft acquired a land parcel spread over 13.6 acres for nearly INR 520 Cr, including stamp duty worth INR 31.18 Cr
After buying a land parcel worth INR 520 Cr in Pune, big tech major Microsoft has now reportedly purchased another 16.4 acre plot in the city’s tech hub Hinjewadi for a consideration of INR 453 Cr.
With this, the company has acquired more than 30 acres of land in Pune in the past one month for a total investment of INR 973 Cr.