Blackstone buys DLF Ackruti IT Park for Rs 810 crore Amarchand and JSA advise

Bar & Bench January 11 2012

Real estate giant DLF along with its joint venture partner Hubtown has sold DLF Ackruti Info Parks, an IT special economic zone in Pune, to private equity firm Blackstone for Rs. 810 crore ($153 million).

Amarchand Mangaldas advised the sellers with a team led by Partner Harry Chawla along with Principal Associate Niti Paul, Senior Associates Medha Srivastava and Vishwanath Pratap Singh.

J. Sagar Associates advised Blackstone with a team led by Partners Akshay Chudasama, Ashoo Gupta and Jay Gandhi.

According to

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