Indiabulls Real Estate together with its group firm Indiabulls Housing Finance is planning to invest Rs 25,000 crore in Haryana over the next seven years. In this regards, Indiabulls Group has signed a Memorandum of Understanding (MoU) with the state government making an in-principle commitment to invest Rs 25,000 crore in the state by way of direct lending through home loans as well as indirect lending to the developers of various projects, particularly in the affordable housing segment. The group is headquartered in Gurgaon and already has sizeable exposure in NCR, both as a lender as well as a developer.
Indiabulls Real Estate is engaged in real estate development, directly as well as through various subsidiaries and associate companies. The main focus of the company is construction and development of properties, project management, investment advisory and construction services.