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Nuvama-Cushman Fund Secures 51% Stake in Pune Office Asset for ₹1,000 Crore

The Nuvama-Cushman joint venture's Prime Offices Fund finalized the acquisition of a 51% controlling interest in the 1.1 million sq ft 'TenSteps' office development in Pune's Kharadi micro-market for approximately ₹1,000 crore. This move expands the fund’s total managed portfolio footprint across Delhi NCR, Chennai, and Pune to over 3.8 million square feet, signaling a focus on institutional-grade assets in major business hubs.

By Tejas Parkar

  • Mar 07, 2026 20:36 PM IST
  • 1237 Views
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