New York City-based Blackstone Group L.P. acquired a marquee office building in Mumbai’s Bandra Kurla Complex (BKC) for $357 million -- this year’s largest commercial real estate deal. Owned and developed by Mumbai-based real estate firm Radius Developers, the eight-story building, One BKC, is spread across 700,000 square feet and...
Foreign Institutional Investors Discuss Concerns with Prime Minister Modi
Ahead of the 2015-16 Indian budget, finance minister Arun Jaitly convened a meeting to address the concerns of Foreign Institutional Investors (FIIs). The meeting was attended by Prime Minister Narendra Modi, Reserve Bank of India Governor Raghuram Rajan, and Securities and Exchange Board of India Chairman U. K. Sinha along...