Blackstone Group is foraying into India’s rapidly growing housing property market, marking a strategic shift after leading the country’s commercial property space, with clear focus on the mid-income and premium segment of the market to begin with, said persons familiar with the plan.While the global alternative asset management firm has already established itself as India’s…
READ MOREBlackstone Group, the world’s largest alternative asset manager, is planning to invest up to $11 billion to develop real estate and infrastructure assets, including data centres, in Maharashtra’s key cities over the next three-five years.The US-based institutional investor has signed three separate agreements in Davos with the state government as part of a broader strategy…
READ MOREGreenbase Industrial and Logistics Parks, realty major Hiranandani Group and US-based private equity firm Blackstone Group’s joint venture, is set to acquire three land parcels spread over 211 acres across Southwest Chennai’s Oragadam area and in North Chennai, said a top official of the company.This land acquisition is expected to take the company’s total land…
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