Ajay Piramal-backed Piramal Capital and Housing Finance’s Indiareit Fund V, which invests in domestic realty projects, has exited Skylark Developers’ special purpose vehicle (SPV), which held a commercial land parcel in the central business district (CBD) of Bengaluru. The SPV was sold to Bengaluru-based SNC Pvt. Ltd, which specializes in civil works for infrastructure work, including thermal power, hydro power and irrigation projects.