Bigger India
Pune-based ABIL Group Buys London Building For Close To £100 Million
While BlackRock declined to comment on the story, ABIL confirmed the transaction.
In a closely contested auction, Pune-based realty developer ABIL Group has acquired an eight-storey commercial building at Trafalgar Square in London for nearly £100 million, or Rs 900 crore, from American global investment management corporation Black-Rock. The deal value includes stamp duty of 5% and other charges that have been paid as the registration has been concluded.