Top Stories

 Exclusive: Blackstone in early talks to buy mall in Delhi-NCR

Swet Sarika

Private equity giant Blackstone Group seems to be repeating its strategy for office space in India’s retail real estate market.

IDFC Alternatives to buy three solar projects from Punj Lloyd

Bruhadeeswaran R

IDFC Alternatives, the asset management arm of infrastructure-focused lender IDFC Ltd, is buying three solar projects in Punjab and Rajasthan from engineering and construction company Punj Lloyd, adding to the slew of renewable energy investments its holds on its platform.

Embassy Property to buy 73% in hospitality firm MAC Charles for $96 mn


Bengaluru-based real estate firm Embassy Property Developments Pvt. Ltd has agreed to acquire a 73.41% stake in MAC Charles (India) Ltd from the hospitality company’s promoter CB Pardhanani for Rs 644.34 crore ($96 million).

Xander Group's Virtuous Retail finally finds buyer for malls

Swet Sarika

Virtuous Retail, the retail development arm of The Xander Group Inc., has finally found a buyer for its shopping malls after going back and forth on negotiations with a number of potential investors.