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Netmagic buys Mumbai office space for Rs.321 crore

Netmagic buys Mumbai office space for Rs.321 crore

Thursday, March 23, 2017, 11:44 AM

In the biggest office property deal in Mumbai in the past two years, information technology services company Netmagic has entered into an agreement with the Hiranandani group and Balaji Teledevelopers to buy a 286,691-sq ft building in Lighthall in the Chandivali area of Mumbai. Netmagic would pay Rs 321 crore to the developers in a staggered manner over the next 13 months.
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