Gautam Adani, the chairman of the Adani Group, is reportedly in talks to acquire the India business of a prominent Dubai-based real estate company, in a move that could reshape the real estate landscape in India. Sources suggest that the deal, which is currently under negotiation, would see Adani Group expand its presence in India’s rapidly growing real estate sector.
The Dubai-based company, known for its high-end residential and commercial projects, has a strong footprint in the Indian market, with several ongoing developments in key cities. If the acquisition goes through, Adani Group is expected to integrate the company’s assets into its existing real estate portfolio, which already includes commercial, residential, and infrastructure projects across India.
This move aligns with Adani Group’s strategy to diversify its business interests and strengthen its position in the real estate and construction industries. Experts believe that the acquisition will help Adani Group capture a larger share of the premium real estate market, which has seen growing demand from both domestic and international investors.