PE firm Xander Group is acquiring a 1.2 mn-sq ft retail and hotel project of real estate developer Ozonegroup for about Rs 350 cr.

The multi-storey luxurious apartment, houses 32 exclusive four bedroom of size 3,640 square foot.

Property Developer Ozonegroup is close to finalising plans for a $1-billion mixed-use development slated to come up in north Bangalore.