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In a major boost to Kolkata’s real estate sector, Blackstone has acquired Diamond Plaza Mall for ₹347.50 crore, marking its second significant investment in the city after its earlier acquisition in South City. The deal highlights the firm’s growing interest in Kolkata’s retail and commercial property market, particularly in high-footfall shopping destinations. Diamond Plaza, a prominent retail hub in North Kolkata, continues to attract strong consumer presence and brand occupancy, making it a valuable asset in the city’s evolving urban landscape.
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