google-site-verification=2GeE3Sz4UudnlqvBff0NG8dPnRrz0y9xE4vH0HwPrm4 Geetanjali Home State | Best Real Estate Company in Gurgaon: Mindspace REIT acquires 51% stake in ITPC - Radial Road for ₹3,000 crore

Tuesday, April 14, 2026

Mindspace REIT acquires 51% stake in ITPC - Radial Road for ₹3,000 crore

The acquisition will add ₹241 crore to net operating income (NOI) on a proforma basis (of which 51% is attributable to Mindspace REIT), while loan-to-value (LTV) ratio will increase from 28.0% to 30.3%.

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Mindspace REIT acquires 51% stake in ITPC - Radial Road for ₹3,000 crore

The acquisition will add ₹241 crore to net operating income (NOI) on a proforma basis (of which 51% is attributable to Mindspace REIT), whil...