Adani Group is reportedly in advanced negotiations to acquire the Indian unit of Dubai-based Emaar Group, with a potential enterprise value of $1.4 billion. Discussions between the Adani family and Emaar are focused on the transaction structure, which may involve an unlisted Adani unit contributing approximately $400 million. This acquisition aligns with Adani's ongoing expansion in the real estate sector, further solidifying its presence in the Indian market.
Mumbai Real Estate: Omkar Realtors promoter's wife, Aruna Varma, purchases ₹68 crore luxury apartment in Worli https://t.co/0EnNTxVUYO
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Bengaluru-based Embassy Developments Limited, through its wholly owned subsidiary Embassy East Business Park, has signed a Rs 1,125 crore land transaction deal with Lam Research (India), a leading global semiconductor equipment manufacturer @AneekaC_ https://t.co/9OlpuW1vz6