Blackstone Real Estate Partners has agreed to invest approximately $18 million for a minority stake in Synergy Property Development Services, enhancing their portfolio in India.
Country Club Ltd. is set to acquire hotel properties in Dubai and Bangkok, with plans to finance through local banks and after recent successful fund mobilization.
NRIs from Gulf countries are heavily investing in Lucknow's residential properties, driven by emotional ties and retirement plans. The 2007 Indian Property Show in Dubai highlighted this trend, with Ansal Properties' Golf Villa attracting significant NRI interest.