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Blackstone strving for an identity in the Indian Realty

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Claimed source at the www.propertykhazana.com said that the Blackstone is planning to fetch about $4 Billion through the IPO’s in the US Market and from 1987 it is investing in the field of private equity. This will be the additional boost up investments in India after concluding the public issue. Now, present investment of the group has already reached very high with $2.5 Billion, as it had proclaimed to generate $5 Billion finance with Citigroup Inc. to make the investments in many of the Indian Infrastructure ventures. Group considers India as a rising force in realty industry and observes a huge market for its future plans and it imagines grumbling its investments collection and its executive team in the country. It had fixed up one of its company in India in 2005 and took on Amit Dixit, before Warburg Pincus in New York to be the part of its Indian team in Financial Capital of the country, Mumbai.
Disclosed sources said the www.propertykhazana.com that, Blackstone is viewing on huge leaning in many sectors comprising IT, Media, technology and for banking for its prospect India investment proposals. Two NYSE scheduled finances of the PE Asia Tigers and the India Fund has invested USD 2 Billion on the shares of the Indian companies. India Fund is famous for investing in more than 98% funds in Indian Stocks adding $1.88 Billion. Hoping to shape out a large position in Indian Realty Blackstone has set up a realty working office in Mumbai in 2007 to hunt the scenario in this quick booming sector. For more details logon to www.propertykhazana.com
Source: NIMMA BENGALURU

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