10:47
Nitesh Estates has bought the 1-million-sq-ft Plaza Centre Mall in Pune from Israeli firm Elbit Imaging in a deal valued at Rs 250 crore.
The Sahara group had initially negotiated with Elbit Imaging to buy the mall about two years ago and had even signed a memorandum of understanding, but the deal was never completed.
Even with Bengaluru-based Nitesh Estates, talks had been going on for over a year as the companies couldn't agree on a valuation. Elbit also had to obtain a no-o ..
Read Full Story: Nitesh Estates Buys Pune Mall from Elbit Imaging for Rs 250 crore
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