Bengaluru, April 17 -- DLF Ltd on Wednesday said it has entered an agreement to sell its Kolkata IT/ITeS (information technology and information technology-enabled services) special economic zone (SEZ), including a land parcel, spread across 25.9 acres to local developer Srijan Realty Pvt. Ltd and its subsidiaries for Rs.693 crore.

The commercial office SEZ-Kolkata Tech Park 2-is located in suburban Kolkata's Rajarhat area and has gross leasable area of 1.1 million sq. ft.

The transaction is subject to regulatory approvals.

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"The proposed transaction is to be undertaken by way of a slump sale," DLF said in a regulatory filing.

A slump sale i...