Indiabulls Real Estate gets shareholders’ nod to sell London property

30 Sep 2019

Indiabulls Real Estate has received an approval from shareholders for the proposal to sell its London property to promoters for 200 million pounds in an annual general meeting held on September 28. Earlier, the company had disclosed its plans to focus on its India business and cut down on debt.

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.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719