Indiabulls Real Estate has raised Rs 75 crore through Secured Redeemable Non-Convertible Debentures (NCDs) on Private Placement basis. The date of maturity of the said Non-Convertible Debentures will be December 15, 2022 and coupon rate is 10.50% p.a.
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.