India: Embassy mulls buying Indiabulls Real Estate promoters' stake

India: Embassy mulls buying Indiabulls Real Estate promoters' stake

Photo: Pradeep Gaur/Mint

Realty firm Embassy Group and its investor partner Blackstone Group LLP are evaluating options to buy the remaining promoters’ stake in Indiabulls Real Estate Ltd (IBREL), three people familiar with the development said.