Indiabulls Real Estate's subsidiary acquires Sky Forest Projects
Wed, May 1, 2024 11:55 AM

Indiabulls Real Estate's subsidiary acquires Sky Forest Projects

A Flip by Shubhangi Gupta
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Indiabulls Constructions, a wholly-owned subsidiary of Indiabulls Real Estate, has completed the acquisition of 100% stake, on a fully diluted basis, of Sky Forest Projects (SFPPL), which owns a residential project-Sky Forest, situated in Lowel Parel, Mumbai from certain entities controlled by funds managed by Blackstone Inc., for an enterprise value of approximately Rs 646.71 crore.

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