Blackstone in Talks to Acquire Adani Realty's BKC Office Tower for Rs 2,000 Cr

09 May 2024 CW Team

Blackstone is reportedly in discussions to acquire Adani Realty's office tower in Bandra-Kurla Complex (BKC) for approximately Rs 2,000 crore. If finalised, this deal would mark a significant transaction in the commercial real estate sector.

The potential acquisition highlights Blackstone's continued interest in expanding its presence in India's commercial property market, particularly in prime locations like BKC. Adani Realty's office tower in BKC is considered a valuable asset due to its strategic location and modern amenities.

For Adani Realty, the sale of the BKC office tower could provide an opportunity to unlock value from its real estate portfolio and redeploy capital into other projects or business initiatives.

Overall, the discussions between Blackstone and Adani Realty signify the ongoing activity in India's real estate sector, with investors and developers exploring opportunities to leverage prime assets and capitalise on market demand.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..