Hemisphere Properties India Limited has confirmed the receipt of ₹160.125 crore on October 28, 2026, from M/s HyperVault AI Data Center Limited. This payment represents 25% of the total sale consideration for the land situated at Bopkhel, Pune, which was auctioned for ₹640.50 crore. The funds were received as per the terms outlined in the Request for Proposal document.
Partial Payment Received for Pune Land Sale
In an update regarding the e-auction of land located at Bopkhel, Pune, Hemisphere Properties India Limited announced the receipt of a partial payment. The company has received ₹160.125 crore on October 28, 2026, from the successful bidder, M/s HyperVault AI Data Center Limited.
Transaction Details
This amount constitutes 25% of the total sale consideration, which was finalized at ₹640.50 crore for the aforementioned land parcel. The payment aligns with the terms and conditions stipulated in the Request for Proposal (RFP) document. The remaining balance of the sale consideration is expected to be received according to the timelines agreed upon in the RFP.
This disclosure is for the information and dissemination to the relevant parties.
Source: BSE