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The sale comprises a base offer of 16.69% stake, with an option to sell 8.34% more in case of oversubscription. Floor price has been set at 108 rupees per unit, valuing the total stake that could be sold at 119.88 billion rupees ($1.26 billion). Knowledge Realty Trust, backed by Blackstone and Indian real estate firm Sattva Group, owns 29 assets across six cities and has a gross asset value of 674 billion rupees, according to its website. Blackstoneand related entities now hold 46.51% in the REIT. Knowledge Realty Trust, which listed on exchanges in August 2025, has gained about 10% since then. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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