Bandra-Kurla Complex

French firm Accor plans on selling its full stake in Mumbai BKC hotel

Paris, France-based hospitality major Accor is aiming to exit its 40% stake in Mumbai, India-based Sofitel hotel in Bandra-Kurla Complex (BKC) and fold the Sofitel brand into itself, according to sources.

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Blackstone Group, Panchshil realty jointly bid INR186 crore for Citibank's India property

Private equity firm Blackstone Group and property developer Panchshil Realty have emerged frontrunners for buying Citibank's old headquarters in Mumbai, India. The Blackstone-Panchshil combine have jointly bid INR186 crore for Citigroup Center.

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