Blackstone, Panchshil Realty to buy Express Towers for Rs 900 cr

US private equity firm Blackstone Group LP and Indian developer Panchshil Realty are close to buying a majority stake in an office tower in Mumbai for about Rs 900 crore (Rs 9 billion), two sources......

Trump group has big plans for India's realty sector

The group has tied up with property developer Ireo for an office complex and M3M Group for a residential project in Gurgaon. It is also seeking to venture into Kolkata. The real estate group......

GIC has mega plans for Indian realty; invests Rs 12,600 crore in 8 months

GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer Till two years earlier, the investor community said GIC, the Singapore......

Blackstone, GIC rivalry keeps Indian realty pot boiling

Aggressive acquisitions & deep pockets fuel real estate competition; experts suggest future partnership The rivalry between Blackstone, a private equity major from the US, and Singapore-based......