Gaurs Group, a leading name in NCR realty, has provided an exit to Indiabulls Housing Finance by paying back a debt of Rs 340 crore. The debt was raised 1.5 years back and was used for the construction of Gaur City Mall in Greater Noida West.
Gaurs Group in recent times has done tremendous sales in most of its projects. The group had sold over 5000+ properties, which are both residential and commercial worth 2000 crore in the first six months of this Fiscal Year.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).