The company aims to develop two large-scale industrial and logistics parks spanning 154 acres in Sriperumbudur, Chennai, as per the statement. (Photo: Pralhad Shinde/ Source: NDTV Profit). Show Quick Read Summary is AI Generated. Newsroom Reviewed

South-focused realty developer Casagrand on Thursday said global private equity major Blackstone has agreed to invest Rs 700 crore in its industrial and warehousing infrastructure project near Chennai.

Casagrand has entered into a strategic investment deal with Blackstone under which the US-headquartered alternative investment firm will invest around Rs 700 crore to develop 4.2 million sq ft of space, according to the company statement.

The company aims to develop two large-scale industrial and logistics parks spanning 154 acres in Sriper

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