Embassy Group

Indiabulls Real Estate promoters sell 12% stake to Embassy Group; plan to exit real estate business

Promoters of Indiabulls Real Estate have sold about 12 percent stake to Bengaluru-based realty firm Embassy Group through block deal, as part of its strategy to focus on financial services and exit realty business, sources said

Blackstone may buy Indiabulls Real Estate promoters' stake for around $1 billion through joint venture

Blackstone might buy promoters' total 39 percent stake in Indiabulls Real Estate through a joint venture with Bengaluru-based realty firm Embassy Group

Size of real estate market to grow to $650 billion by 2040 from $120 billion now: Niti Aayog Vice-Chairman Rajiv Kumar

Kumar said the recent Interim Budget has demonstrated that the government would take steps to make sure that the real estate sector grow and develop further

Top 100 realtors’ wealth soars 27% to Rs 2.37 lakh crore in 2018 despite crisis; Mangal Lodha tops the list

Despite the crisis in realty space in the country, net worth of top 100 realtors jumped 27 percent to Rs 2.37 lakh crore in 2018, says a report that's led by Lodha group founder Mangal Prabhat Lodha.

Daddy of commercial assets, Blackstone, seals another deal in Bangalore

Blackstone will invest Rs 500 crore in Embassy Office Parks while Standard Chartered will extend Rs 650 crore multi-year loan to clinch the majority stake acquisition.

Flipkart inks India's largest office space deal in Bangalore, will pay Rs 300 cr annual rent

The rental will be around Rs 90 per sq ft per month for fully furnished office space.

Blackstone, Embassy likely to set up India's first real estate investment trust

The Blackstone Group and its local partner Embassy Group are likely to set up India's first real estate investment trust (REIT) and list it in on domestic exchanges next year.<br />