2012's Most Expensive Realty Deals in India

4. Blackstone

Property deal: 1000 crore

Where: Bangalore

Blackstone, a U.S-based private equity firm has acquired the biggest commercial real estate deal in India. For 10 million square feet of office space, the firm has paid around 1000 crore and the office space was constructed by the Embassy Group. According to a source, Blackstone has purchased stake in three commercial properties that include Manyata Embassy Business Park and Embassy Golf Link in Bangalore and Embassy Tech Zone in Pune, reports Economic Times.

"It is an equity-level investment, where a holding company was floated with three commercial assets under it. However, the deal finally cascaded down to the SPV level,” said an inside source, reports Economic Times.

5. Agile Real Estate

Property deal: 1250 crore

Where: Thane

Bayer CropScience, the agro chemical firm has finally sold its 104-acres property to Agile Real Estate for 1250 crore. Bayer CropScience had entered into an agreement with Agile Real Estate in March 2011 after receiving 520 crore as advance money from Agile.  

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