Canada’s Brookfield among suitors for Hiranandani’s Powai assets, valued at $1b

Hiranandani. Photo: Abhijit Bhatlekar/Mint

Canada-based Brookfield Asset Management Inc. and another global investor have expressed intent, through two separate offers, to buy out the office and retail assets of Hiranandani Developers Pvt. Ltd in the Mumbai suburb of Powai at a valuation of about $900 million-$1 billion, said three people familiar with the development.

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