Investment firm Copthall Mauritius Investment has sold 37 lakh shares of Indiabulls Real Estate for Rs 31.08 crore through an open market transaction. According to the bulk deal data available with BSE, BofA Securities Europe SA bought 37 lakh shares of the company at an average price of Rs 84 apiece.
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.