Indiabulls Real Estate has already sold its key commercial properties in Mumbai such as Indiabulls One and Indiabulls Finance Centre and properties in Chennai to Blackstone.
Indiabulls has been selling its completed as well as ongoing commercial assets to Blackstone to reduce its debt
CDEL currently has a three-member board, including Siddhartha's wife Malavika Hegde and S V Ranganath, a retired bureaucrat who acts as the chairman now
Shares of Coffee Day extended decline to as much as 14.5% in Mumbai, which is the biggest drop since July 31.
Wadhwa group, one of the largest owners of office property in the BKC area, plans to float a REIT after onboarding an investor
Finding the right CEO fast, and expanding segments are key
The fund would be utilised to "retire/pre-retire" all existing financial obligations of Ryka
With this transaction, Blackstone will be the only financial partner in Ryka
As part of the deal, which was completed on Wednesday, Blackstone will have two directors on the board of AESL
Stephen A Schwarzman on why he is still bullish on India, how loss makes for the deepest learning's, and how corporate culture is the difference between winning and losing
Indiabulls Real Estate has sold a 50 stake in Indiabulls One Centre and Indiabulls Finance Centre in the Lower Parel area of Mumbai and a commercial property in Gurugram to Blackstone
India can raise $25 billion through REITs over the next three years listing around 150 million square feet of rent-yielding office properties, according to Anarock
Negotiating all-cash deal at Rs 1,000 crore, which is two times its FY19 sales
On August 14, CDEL had announced its intent to sell Global Village Tech Park to Blackstone for a valuation of Rs 2,600 crore-Rs 3,000 crore
Allcargo's logistics division plans to build 5 million square feet of warehouses across India by 2021
Deal with Blackstone will help group reduce debt
The deal, likely to be announced later today, is being done through a special purpose vehicle, 90 per cent of which will be owned by Blackstone and the remainder by Salarpuria
Blackstone owns more than double the size of office assets of DLF, the country's largest listed developer, which has 33 million square feet
Radius Developers, which owns the building, had mortgaged the property to Indiabulls Housing Finance, to which it owed about Rs 1,600 crore
Interest rates in India are on a downward trajectory after the central bank cut borrowing costs three times since January