MoneyWorks4Me

Indiabulls Real Estate’s arm divests its entire stake in Century

04 Nov 2019 Evaluate

Indiabulls Real Estate’s wholly owned subsidiary has divested its entire stake in Century, which indirectly owns Hanover Square property, London (London Property), to Clivedale Overseas, an entity owned by the promoters of the company. With this, the Century ceases to be a subsidiary of the company.

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.

Peers
Company Name CMP
Lodha Developers 1102.05
Prestige EstatesProj 1444.95
Dilip Buildcon 408.35
DLF 641.65
Oberoi Realty 1738.80
View more..