Nexus Select Trust, backed by Blackstone, has acquired Vega City Mall in Bengaluru for ₹913 crore, marking its fourth retail acquisition in the city. This strategic move strengthens its position as the largest retail REIT in Bengaluru.

Blackstone’s $11 billion investment in Mumbai 3.0 marks a transformative leap in India’s urban development, driving global attention, economic growth, and innovative city planning.

Blackstone-backed Aadhar Housing Finance (AHFL) has reinforced its position as India’s leading affordable housing loan provider with a significant 47% gain since its IPO in May. Analysts attribute this growth to the company’s large network and the government’s strong push for affordable housing.

India's real estate investment trust (REIT) market grew 31% in 2023, the most in Asia-Pacific, despite a 7% fall overall the $252 billion Asian REIT industry. This increase bodes well for investors in India's young but growing REIT industry.

ASK Property Fund, the real estate private equity division of the Blackstone-backed ASK Asset & Wealth Management Group, has committed ₹190 crore to Kalpataru’s upper mid-income housing project in Borivali, a prominent Mumbai suburb.

The Blackstone Group is close to buying Adani Realty's Inspire BKC, a high-profile commercial real estate project on Mumbai's Bandra-Kurla Complex (BKC) fringes. The 800,000-square-foot office skyscraper is expected to cost the US private equity behemoth between Rs 1,800 crore and Rs 2,000 crore.

Nexus Select Trust, the Blackstone Group's retail arm, is poised to expand in India. The agreement to buy 1 million square feet of malls in Hyderabad from L&T Metro is valued at ₹1,100 crore. This massive purchase comprises the E-Galleria Mall in Moosarambagh, the L&T Metro Mall in Punjagutta.

Transindia Real Estate is selling a logistics park in Haryana and a stake in several other facilities to Blackstone-managed funds for 687 crore.

Due to demography, ecommerce, and government assistance, Blackstone Group, a global private equity firm, is betting big on storage and logistics in India.

According to people familiar with the deal, Bajaj Electricals has leased a full floor of office space at One International Centre in Mumbai's Lower Parel business area from Blackstone Group unit Nucleus Office Parks for almost five years.

CEO Gagan Banga emphasises investor base expansion and the consolidation of seven companies into the home finance company.

Technicolor Creative Studios, one of the largest VEX and special effects companies, has signed a long-term lease for office space spanning over 1 lakh square feet across two floors in Blackstone Group entity Nucleus Office Parks' commercial complex One International Center in Lower Parel

Horizon Industrial Parks in Chakan, Pune, funded by the Blackstone Group, has leased 410,000 square feet of custom-built manufacturing space to automotive businesses including Germany's Benteler Automotive and the Lumax-DK Jain Group's Lumax Auto Technologies.

In one of North India's largest storage deals, Blackstone acquired 2.5 million square feet of Vertical Warehousing's properties near Delhi, according to Indian Warehouse sector sources.

Nucleus Office Parks, the operational platform for Blackstone Group's fully-owned office parks, has leased approximately 7.50 lakh sq ft in commercial projects so far in 2022 across its pan-India portfolio, which is estimated to produce rental income of over INR 1,100 crore yearly.