South City Mall and Colombo Project Acquisition by Blackstone
Awarded · West Bengal · Last reported Jun 2025
Source: Times of India
Blackstone, a global asset management fund, has acquired South City Projects, the holding company of South City Mall in Kolkata, along with the unsold inventories of the Colombo project called Altair. The acquisition marks Blackstone's strategic entry into the Kolkata market and its first major retail investment in eastern India. South City Mall is a large retail complex with significant footfall
- Status
- Closed
- Sector
- Commercial, Road, Residential
- Location
- Kolkata, West Bengal, India
- Updated
- 22 Jul 2026
- Source
- Times of India
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Project Information
Participants
| Not available for this record. |
Status
Original status | Awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Blackstone, a global asset management fund, has acquired South City Projects, the holding company of South City Mall in Kolkata, along with the unsold inventories of the Colombo project called Altair. The acquisition marks Blackstone's strategic entry into the Kolkata market and its first major retail investment in eastern India. South City Mall is a large retail complex with significant footfall and premium brand stores. |
Original sector | Real Estate |
Budget |
Location
Country | India |
State | West Bengal |
City | Kolkata |
Source
Source | Times of India |
URL |
More Details
Record type | Project |
Sector | Commercial, Road, Residential |
Article published date | 2025-06-19 |
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