Apollo Global Management, a giant private equity player which had invested Ahuja Constructions’ premium luxury residential project in the plush Worli area of Mumbai, has sold its entire stake for a massive profit. Six years ago, Apollo had bought 49 percent rights in Ahuja Towers, a 53-storey residential high-rise for Rs. 200 crore and has sold it for Rs. 460 crore. Read More at http://shopsandhomes.com/blog/index.php/2016/01/pe-giant-apollo-global-exits-mumbais-luxury-project/
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Sunday, 10 January 2016
PE giant Apollo Global exits Mumbai’s luxury project
Apollo Global Management, a giant private equity player which had invested Ahuja Constructions’ premium luxury residential project in the plush Worli area of Mumbai, has sold its entire stake for a massive profit. Six years ago, Apollo had bought 49 percent rights in Ahuja Towers, a 53-storey residential high-rise for Rs. 200 crore and has sold it for Rs. 460 crore. Read More at http://shopsandhomes.com/blog/index.php/2016/01/pe-giant-apollo-global-exits-mumbais-luxury-project/
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