SAM, JSA lead on Blackstone investment in Indiabulls commercial projects

SAM, JSA lead on Blackstone investment in Indiabulls commercial projects

Indiabulls Real Estate Ltd has sold its remaining commercial projects to private equity firm Blackstone Group for Rs 730 crore.

The transaction involved the developer divesting its stake in Mariana Infrastructure Ltd, which owns a commercial project in Gurugram and a land parcel in Mumbai, reported VCCircle.

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