Tag: #IndiaBulls

In the Shipra Mall dispute, the Delhi High Court has set aside the arbitrator’s order against Indiabulls Housing.

February 22, 2023

The Delhi High Court set aside its order quashing Indiabulls Housing Finance’s sale notices issued to enforce its security interest in Shipra Mall in Ghaziabad on Tuesday, citing an arbitrator for exceeding its remit. “Because a secured creditor has a specific right to enforce a security interest by issuing a sale notice under Section 13 […]

In the Shipra Mall dispute, the Delhi High Court has set aside the arbitrator’s order against Indiabulls Housing.more

Private Equity giant Blackstone is set to deal with Indiabulls Real Estate commercial properties for Rs 4,800cr.

August 5, 2019

By Abhay Shah, Realty Quarter Blackstone Group, a private equity giant based in the USA, will purchase the remaining 50% share in commercial properties of Indiabulls Real Estate for about Rs 4,800 crore three people with direct knowledge of the development said. The deal is fixed as one of the biggest transactions in the country’s real estate portfolio. […]

Private Equity giant Blackstone is set to deal with Indiabulls Real Estate commercial properties for Rs 4,800cr.more

Indiabulls sells its 14% stake to Embassy.

June 8, 2019

By Abhay Harish Shah, Realty Quarter Embassy real estate development acquired an approximately 14% stake in Indiabulls real estate on Friday from its promoter via a bulk stock deal. The contract is composed of the three-phase transaction in which an alliance of Blackstone Group-Embassy will acquire the 39.5% shareholding of Rs.2,700 crore by Indiabulls Group […]

Indiabulls sells its 14% stake to Embassy.more

Indiabulls PE to buy one million sq ft in Hyderabad for Rs 450crore

May 16, 2018

By Realty Quarter Bureau Indiabulls Private Equity would buy one million square ft in a Hyderabad IT park property for onward leasing to technology companies, marking one of the biggest pure-play investment purchases in commercial real-estate in the country. The multi-phase deal at Phoenix Trivium values the property owned by Hyderabad realtor Phoenix Group at Rs […]

Indiabulls PE to buy one million sq ft in Hyderabad for Rs 450croremore

Blackstone buys 49% of Indiabulls office rental business for $60 million

February 21, 2018

By Realty Quarter Bureau Blackstone Group world’s largest private equity firm is all set to buy 49% of stake in the office rental business of Indiabulls Real Estate in a $600-650 million deal taking the entire portfolio around $1.2 billion. This transaction will include landmarks in Mumbai Lower Parel such as One Indiabulls Centre and […]

Blackstone buys 49% of Indiabulls office rental business for $60 millionmore