Liquidity Events

Indiabulls Real Estate acquires Sky Forest Projects from Blackstone for Rs.647-Cr

Economic Times  

Indiabulls Real Estate Ltd (IBREL), through its subsidiary Indiabulls Constructions, has acquired 100% stake in Gurugram-headquartered Sky Forest Projects Pvt Ltd from Blackstone at an enterprise value of INR 646.71 crore.Sky Forest Projects owns a residential project called 'Sky Forest', at Lower Parel in Mumbai.

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