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. |