India, Aug. 5 -- Mumbai-based real estate developer K Raheja Corp's subsidiary, KRC Queens Pvt Ltd, has acquired 7.43 acres of land in Mahalunge near Hinjewadi on Pune's outskirts for Rs.195 crore, according to property registration documents accessed by CRE Matrix.

The land, reserved for residential construction, is part of a notified integrated township project. As per the agreement, the plot offers a development potential of 1.51 lakh sq metres (16.28 lakh sq ft), translating to a saleable area of around 17 lakh sq ft.

According to the documents, K Raheja Corp's subsidiary purchased the land from Pune-based Mahalunge Real Estate Developers Pvt Ltd.

The transaction was registered on July 21, 2025, with a stamp duty payment of Rs.13.6...