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Indiabulls Real Estate
BSE: 532832|NSE: IBREALEST|ISIN: INE069I01010|SECTOR: Construction & Contracting - Real Estate
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Feb 10, 17:00
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Company History - Indiabulls Real Estate
Indiabulls Real Estate Limited (IREL) is poised to be one of the
 largest listed real estate companies in India. A leading player
 across residential and commercial real estate projects, IREL is
 partners with internationally acclaimed consultants, for its
 developments. Currently, its projects at various stages of execution
 are valued at nearly 5 billion dollars and they include high end
 office and commercial spaces, premium residential developments, and
 Special Economic Zones, covering a land area in excess of 7730 acres
 
 2008
 
 -Indiabulls Real Estate - Acquisition of 100% ordinary shares of Dev
 Property Development Plc. by Indiabulls Real Estate Ltd
 
 -Indiabulls Real Estate - Acquisition of DLF stake in Tehkhand
 residential project at South Delhi
 
 2011
 -Indiabulls Real Estate is among India's top Real Estate companies
 with development projects spread across residential complexes,
 integrated townships, commercial office complexes, hotels, malls,
 Special Economic Zones (SEZs) and infrastructure development.
 Indiabulls Real Estate partnered with Farallon Capital Management LLC
 of USA to bring the first FDI into real estate in the country. The
 company has a networth of Rs 7,505 Crore and has purchased prime
 land, mostly in the metros and other Tier 1 cities worth Rs 4,000
 Crore in government auctions alone. Indiabulls Real Estate is
 currently developing 62.64 million sqft into premium quality,
 high-end commercial, residential and retail spaces. The company has
 been assigned 'A+' rating.
Source : Dion Global Solutions Limited
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