Bangalore: Renowned real estate company of South India, Embassy group is planning to bridge loan of Rs.1, 000 crore for the purchase of Vrindavan Tech Village in Bangalore. According to a report, the company is in talks with HDFC Ltd for acquiring the bridge loan. Till date, it would be one of biggest commercial real estate deals in Bangalore and the largest in India this year, till now.Vrindavan Tech Village is a tenanted IT park of 2.1 million present in Bangalore. The promoter of Embassy Group have signed an agreement with the promoters of Vrindavan Tech Village, some time back in this year for the acquisition of 106 -acre tech park for Rs. 1,951 crore. The property purchase was said to be financed through a combination of debt and equity in the ratio 45:55. Currently Embassy group have cleared 60% of stake and has acquired the possession of Vrindavan Tech Village. The company would take some time to mop up 100% of stake as Vrindavan Tech Village is facing some internal problems with their former shareholders and some of the lenders too.Blackstone, a major private equity group is also said to enter into the deal. According to the sources, Blackstone would enter into the project when Embassy would secure 100% of the stake. It is also said that entry of Blackstone is expected to be routed through takeover of the loan given by HDFC Ltd. If Blackstone has a dispute, then the project may be transferred to Embassy office parks. It is an equal joint business unit between Blackstone and Embassy that already has over 14 million sq ft office space in Bangalore and Pune. The information about the deal is acquired from various sources though the companies have not yet commented on this topic.займ на карту без отказов круглосуточновзять кредит онлайн