Indiabulls Real Estate is planning to raise Rs 75 crore through private placement of debentures. The company has proposed to issue secured redeemable non-convertible debentures of face value of Rs 10 lakh aggregating Rs 75 crore on a private placement basis.
Indiabulls Real Estate is India's third largest real estate company, with its focus on construction and development of residential, commercial and SEZ projects across major Indian metros.