DMart buys multiple floors in a commercial building in Thane near Mumbai for rRs.r100 crore
India, July 3 -- Avenue Supermarts Limited, the operator of the DMart retail chain, has purchased over 70,000 sq ft of commercial space in Thane for Rs.99.27 crore, according to property registration documents accessed by CRE Matrix.
The transaction involves purchasing the ground, first, second and third floors along with the upper basement parking in Kolshet area of Thane. Property registration documents show that the total area acquired measures 6,530.86 sq m, or approximately 70,298.18 sq ft.
According to the property registration documents, the commercial property has been purchased from Regency Shelters LLP for which the buyer paid stamp duty of Rs.6.94 crore, and the transaction was registered on June 30, 2026.
The property also ...
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