Indiabulls Real Estate through its wholly-owned subsidiary — Loon Land Development — has entered into definitive agreement to acquire a land parcel / development rights on around 140 acre land, situated at Sector 79, Manesar, Gurugram, for development of integrated township and commercial building. Indiabulls Real Estate is India’s third …
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Indiabulls Real Estate planning to raise Rs 1,000 crore via NCDs
Indiabulls Real Estate is proposing to issue Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating up to Rs 1,000 crore, on a private placement basis. The tenor will be up to 36 months. Indiabulls Real Estate is India’s third largest real estate company, with its …
Read More »Indiabulls Housing Finance’s Q2 consolidated net profit rises 21%
Indiabulls Housing Finance has reported results for second quarter ended September 30, 2018. The company has reported a rise of 16.10% in its net profit of Rs 933.26 crore for the quarter under review as compared to Rs 803.83 crore for the same quarter in the previous year. Total income …
Read More »Indiabulls Ventures reports over 2 fold jump in Q2 consolidated net profit
Indiabulls Ventures has reported results for second quarter ended September 30, 2018. The company has reported a fall of 54.59% in its net profit of Rs 8.17 crore for the quarter under review as compared to Rs 17.99 crore for the same quarter in the previous year. Total income of …
Read More »Indiabulls Housing Finance increases interest rates on home loans by 20 bps
Indiabulls Housing Finance has increased interest rates on home loans by 20 basis points (bps). The increase in the lending rates reflects the rise in cost of funds. The rate of interest on new home loans for women applicants/co-applicants is 8.80% for loans of up to 35 lakh and 8.95% …
Read More »Indiabulls Housing Finance eyeing over 20% growth in FY19
Indiabulls Housing Finance is eyeing 20 percent plus growth in its business in the current macro environment. The company’s statement comes amidst concerns of liquidity crisis for the NBFC sector. It has over the years followed strict discipline of maintaining an optimally matched balance sheet, high liquidity and high capital …
Read More »Indiabulls Housing Finance raises Rs 350 crore via NCDs
Indiabulls Housing Finance has raised funds aggregating to Rs 350 crore through allotment of its seventh tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each. The date of allotment is October 04, 2018. Indiabulls Housing Finance is the second largest private housing finance company in …
Read More »Indiabulls Real Estate’s arm takes possession of commercial building at Gurugram
Indiabulls Real Estate’s wholly owned subsidiary — Yashita Buildcon has taken over the possession of the prime and newly constructed commercial building at Gurugram on October 04, 2018. Indiabulls Real Estate is India’s third largest real estate company, with its focus on construction and development of residential, commercial and SEZ …
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