Brookfield India REIT to Acquire Bharti's 50% Stake in Realty JV

17 May 2024 CW Team

Brookfield India REIT is on the verge of purchasing Bharti Enterprises' nearly 50% stake in their joint venture, which focuses on real estate development. This move underscores Brookfield's commitment to expanding its presence in India's dynamic property market. The transaction is expected to be valued at around ?5,000 crore, making it one of the notable deals in the sector.

This acquisition aligns with Brookfield's strategy of enhancing its portfolio with quality assets, leveraging its expertise in real estate management. The deal signifies a significant milestone for both parties, with Brookfield poised to capitalise on the growth potential of the Indian real estate sector. Bharti, meanwhile, can redirect its resources and focus on its core business areas.

This strategic shift reflects the evolving dynamics of the real estate industry in India, where partnerships and acquisitions play a crucial role in driving growth and consolidation. Brookfield's move to increase its stake in the joint venture demonstrates confidence in the long-term prospects of the Indian real estate market despite the challenges posed by the COVID-19 pandemic. As the transaction nears completion, all eyes are on how Brookefield will leverage its expanded foothold to further solidify its position in India's vibrant property landscape.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..