Indiabulls Secures Residential Development Project on Dwarka Expressway, Boosting Company GDV
Indiabulls Ltd, formerly known as Yaari Digital Integrated Services Limited, has announced a significant development in its real estate portfolio. The company has entered into an agreement with a private landlord to undertake the Development Management of a new residential project.The project is planned for a location on approximately 10.84 acres situated on the Dwarka expressway in Gurugram.
Key details of the project include:
- Status: Phase 1 and Phase 3 of the project have already secured RERA registration.
- Launch Target: The project is expected to be launched by mid October 2026.
- Scope: The project boasts an estimated saleable area of 21 lakh sq. ft.
- Financials: The Gross Sales Value (GDV) for this new project is estimated at around Rs. 3,700 crores.
With the inclusion of this new project, the total Gross Sales Value (GDV) across all projects of Indiabulls Ltd has increased to Rs. 27,308 crores.
IBULLSLTD Stock Price Movement
Indiabulls Limited shares are gaining sharply in live trading at ₹28.02 as of 12:02 PM today, after rallying by 4.36%. The stock sees significant activity, with over 16.67 million shares traded during the morning session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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