Realty associates, Blackstone a join of The Blackstone Group L.P., in recent times advanced $18 million for a marginal wager in Indian building organization group Synergy assets growth activities Pvt Ltd.
Created in 2003, Synergy is one of the major building administration groups in India with more than five hundred workforce in nine administrative centers through various locations in Malaysia’s Kuala Lumpur, Dubai and India.
Synergy, which is based in Bangalore, is at present running more than 100 million sq ft of administrative center, sales, housing, hotel and Medical clinic space. The group as well has strategies to develop into organization strategies like aerodromes.
The higher organization executive and co-head of Blackstone’s realty group Mr. Pike said to www.propertykhazana.com that they are keyed up for performing this ground-breaking contract and with reference to forming a group with the top venture executive in India as they construct their trade in the district In the elongated period, they consider there will be striking realty speculation prospects that go behind from this enterprise.
Its range of plans comprise renowned structures like Golf Link Embassy Parks off the Intermediate ring road and Manyata Embassy in Bangalore the Park –Hyat Hotel of Chennai ,a Hospital cluster development, the HCC-ICICI Teck park, Runwal city centers of Mumbai, a sales development in New-Delhi ,Medicity in Gurgaon and select citywalk. The MD of Synergy Mr.Sankey said to www.propertykhazana.com that their dream for associating with Blackstone is to join their personal powers and construct a well-built stand to carry first-rate goods in the Indian and international realty trade fair.
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