Pune: Jones Lang LaSalle (JLL) India, International property consultants have accomplished a successful Mergers and Acquisitions (M&A) deal between BlueRidge and IDFC limited. JLL India was active in the deal on behalf of the BlueRidge and they have successfully assisted the company in the sale of 100 per cent equity to the IDFC limited which is the India’s largest domestic financial institution.The valuation of the deal achieved approximately Rs 4500 million ($ 83 million) and further the equity funds will be achieved according to the defined milestone.BlueRidge SEZ is developed by Paranjape Schemes, renowned developers in Pune. Anuj Puri, Chairman & Country Head, JLL India said that Hinjewadi is the important IT hub in the city and will be the favored one amongst the IT-based occupiers and private equity investors. He also added that the deal is carefully structured and will give optimal output for both parties.Jones Lang LaSalle India was also an important part while raising private equity capital for this SEZ in 2007. JLL India was active in 2007 in Hinjewadi SEZ on behalf of the developers Paranjape Schemes. This deal will improve the importance of Pune as a potential destination as an IT destination for many companies and IT majors.SEZ Phase one comprises approximately 1.45 million sq ft of leasable space which is operational and many companies like Accenture, Cisco, L&T which are the key players in this SEZ. JLL India is a well networked, client-focused who helped BlueRidge to achieve the right valuations with right investors.