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Realty Scan: How Blackstone became the big boss of India’s property market

By Swet Sarika

  • 22 Jul 2019
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Realty Scan: How Blackstone became the big boss of India’s property market
Credit: Pixabay

Eight years ago, Jitendra Virwani dropped a plan to take his real estate company public as the stock markets wobbled. Soon after, he raised money from the deep-pocketed private equity firm Blackstone. That deal not only gave Embassy Group a new lease of life but also laid the foundation of ......

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