Tag: Indiabulls

Indiabulls Real Estate Ltd. is to Set Office in the UAE

Indian real estate firm Indiabulls Real Estate Ltd. targets UAE NRIs. The firm expects to have more Non- Resident Indians (NRIs) as their clients. Indian real estate firm Indiabulls Real Estate Ltd. targeting UAE NRIs, have launched an overseas office in the UAE. The real estate firm is about to launch its first overseas office […]

Happy days are back into realty

Realty industry is all set to be lift up this Diwali. At least 12 public offerings, a slew of new projects and the return of private equity funds that had turned away proposals due to the global slowdown last year. ‘After weathering the worst funds crisis for one and half year, the realty sector has […]

Affordable housing is not more affordable for builders

The Propertywala sector appears to have found its feet with focus on affordable housing and this may reflect in the June quarter results of the companies. The move has led to higher sales for many companies, but on the other hand, it has also impacted the margins negatively. The reason being that the mid-segment housing […]

Mutual Funds Bet On Realty

Diversified equity mutual funds are betting big on realty, the best performing category in the past one month. The construction segment has shown the highest growth in exposure in value terms in May spurting 95.53% to Rs 7565.76 crore. Construction has now emerged as one of the most favoured sectors for mutual funds and now […]

Indiabulls Extend The Closing Date Of The Issue By A Day

Laxmi Mittal-backed Indiabulls Real Estate managed to raise $259 million on the Singapore Stock Exchange, a day after the scheduled closing of its REIT’s issue, Indiabulls Properties Investment Trust. India’s fourth largest real estate developer sold 353 million shares at $1 per unit, out of which Lakshmi Mittal had committed 91 million shares. The sale […]

REIT Road Cracks For Realtors

MUMBAI: It’s second-time unlucky for Indian realtors hoping to garner some desperately needed cash by floating their real estate investment trusts in Singapore. On 5th june, Indiabulls Real Estate said its plans to float a Reit to mop up $286 million is being extended. Analysts said this was due to very poor response from retail […]

Indiabulls in discussion with leading global retailers

MUMBAI: Indiabulls group, a rising company with interests spanning from financial services to retail, on 12th may said it is in talks with some foremost global single-product retailers seeking a pan-India presence.

Indiabulls realty purchases majority stake in Dev Property

MUMBAI: Indiabulls Real Estate(IBREL), the real estate division of the Indiabulls group, has decided to take greater part stake in Dev Property Developers, the London-listed property fund, in order to gain best part control over two of its prized properties in Mumbai. IBREL has bought over 90 percent in DPD for about Rs 1,100 crore. […]

Farallon, LNM Will Invest Rs 1,580 crore

Indiabulls Real Estate has entered into an agreement with FIM and LNM India Internet Ventures, who will mutually invest Rs 1,580 crore. FIM is a foreign venture capital investor managed by Farallon Capital Management LLC and LNM India Internet Ventures is an investment body of LN Mittal group. The investment will be by way of […]