After months of negotiations, an entity owned by Pune-based property developer Panchshil Realty and US-based private equity (PE) company Blackstone has bought a majority stake in Express Towers, the iconic building owned by Viveck Goenka of The Indian Express group, PE company ICICI Venture and The Indian Express's former editor-in-chief Shekhar Gupta, for around Rs 870 crore (Rs 8.7 billion). The building is in Nariman Point here (Mumbai). While ICICI Venture has completely exited the ... Rediff.com, 3 weeks ago
Blackstone-Panchshil JV seals deal to buy Express Towers for Rs 870 crore - Business Standard, 3 weeks ago
Mumbai landmark Express Towers changes hands in Rs870 crore deal - Quartz, 3 weeks ago
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American private equity company, Blackstone and Pune based Panchshil Realty signed the deal to buy a majority stake in Mumbai?s iconic Express Towers, owned by Viveck Goenka of The Indian Express group.Silicon India, 3 weeks ago
Controversy erupts again over prime Yerwada land RTI activist files complaint alleging that State and judiciary have been cheated, after govt land was handed over on basis of bogus documents Fourteen parties — including builder D B Realty's ...Pune Mirror, 5 days ago
12:20 am Mumbai : The massive scam that used influential names like Supriya Sule to acquire public land in prime cities like Mumbai, Pune and Nashik needs to be investigated by the Central Bureau of Investigation (CBI), leader of opposition in ...The Freepress Journal, 3 days ago FIR in Pune land deal involving Pawar kin Hindustan Times, 4 days ago 2G Scam Accused Named in FIR in Pune Land Scam Case NDTV, 5 days ago 2G Scam Accused, Top Builders Named in FIR in Pune Land Scam Case NDTV, 6 days ago
Pune police has filed a forgery case against a prominent businessman related to a massive land scam worth hundreds of crores. Among them are 2G scam accused Shahid Balwa and Vinod Goenka along with Atul Chordia of Panchshil Realty Group. Eknath Khadse, leader ...Asian Age, 4 days ago
Cash-rich pharma billionaire Cyrus Poonawalla who got wealthy making low-cost vaccines that his Serum Institute of India sells around the world, has put in a $937 million bid for London's Grosvenor House Hotel. The 494-room property, located in the ...Forbes.com, 5 days ago
MUMBAI: The Pune-based flamboyant billionaire father-son duo of Cyrus and Adar Poonawalla has made a firm offer to buy out embattled Sahara Group's trophy overseas asset, the Grosvenor House Hotel in London. The Poonawalla family, long famous for ...Times of India, 5 days ago
With the government clearing roadblocks for real estate investment trusts (REITs), several real estate biggies like DLF, Tata Realty and Infrastructure, Prestige Group and Panchshil Realty are considering raising funds through this route. It is estimated that ...The Financial Chronicle, 6 days ago REITs boost: Pros see $10bn flow into Indian realty sector Moneycontrol.com, 2 weeks ago Changing Face Of Real Estate Investments Afternoon Despatch & Courier, 1 month ago ''Nearly USD 800 mn invested in Indian realty in Q1 2014'' MyIris, 1 month ago
MUMBAI/BANGALORE: , a joint venture between private equity firm Blackstone Group and office space developer Embassy Group, is in advanced talks to acquire three large IT parks spread over two million sq ft each in Bangalore, Pune and the National ...Economic Times, 1 week ago
Private equity investor Blackstone has invested Rs 175 crore ($29.06 million) in a Chennai residential project of Bangalore-based Ozone Group, as per a report in Mint citing company's chief S Vasudevan. This would arguably mark one of the first ...VC Circle, 1 month ago Blackstone invests in Ozone's residential project Livemint.com, 1 month ago
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