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RMZ s space in Ecospace acquired by Ambuja realty for Rs 300cr

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With an average growth in the market the Kolkata realty circuit is advancing gradually to compete with the other metropolis of the country. According to the sources of www.propertykhazana.com – big boss of realty market in Kolkata has made a acquisition of RMZ Ecospace Business Park in New Town at Rajarht. The whooping deal was made at the courtesy of International property consultant Jones Lang LaSalle with Rs 300 crore. Being one of the largest deals it is expected to bring a trump change in following days of the realty business in Kolkata. The new site is adjacent to their old existing property – Ambuja realty campus. The project is almost completed apart from few modifications and decorations to the site is spread over 9 lakhs square feet of carpet area. The company will be targeting the other areas of Ecospace as of now they have only a bite of the bread.
On a short with the chairman Harshavardhan Neotia of Ambuja realty reveals that both Ambuja and RMZ owes two property adjacent to each other of the Ecospace and decided not to change the existing name of the business park. The side of the RMZ will be termed as the RMZ campus and the other side will be named as the Ambuja realty campus. So it will be a consolidation deal for the Ambuja group for this most wanted business park. Nearing to the airport makes Rajarhat one of the hot spot in the realty market mainly for the national and multinational business. A huge mass of land on this area is still available for its future plans. According to the various analyst of the area Rajarhat tops the list of realty eagle as it has better potential than the other near by areas for both commercial and residential dwellings.
Source: NIMMA BENGALURU

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