BUILDING LANDMARK EDIFICES,
Creating everlasting impressions!
Since its inception, Indiabulls Real Estate has earned a distinct reputation for building projects that turn spaces into inspiring places. With prime focus on construction and development of residential, commercial & SEZ projects across major Indian Metros & London, Indiabulls Real Estate went on to expand its projects portfolio. Today it ranks third amongst the top Real Estate companies with a total Gross Development value of INR 32,189 crores and net worth of INR 5,480 crores as of June 30, 2017.
Indiabulls Real Estate’s strategic partnership with Farallon Capital Management LLC of USA was instrumental in bringing the first FDI into real estate in India. Currently IBREL has 15 on-going projects in India with total saleable area of 33.91 million sq.ft. The company has a fully paid for land bank of 1,046 acres and also possesses 2,588 acres of SEZ land at Nashik, Maharashtra.
IBREL is currently developing 33.91 million sq.ft. into premium quality, high-end commercial, residential and retail spaces in the Metros- Mumbai, Delhi NCR & Chennai, apart from Tier I cities. With its acquisition of the prime property, 22 Hanover Square in central London for INR 1,630 crores, IBREL is consolidating its presence internationally as well.
Some of the iconic landmarks of IBREL that have redefined commercial spaces in Mumbai are One Indiabulls Centre & Indiabulls Financial Centre with over 3 million sq.ft. of sprawling commercial space. Indiabulls Real Estate has delivered a record 3.3 million sq.ft. developed space valued at $ 1 billion (within 4 years of inception). This is fastest and largest delivery in value of terms by any Indian real estate developer in the same time period.IBREL has been assigned credit rating of AA- for long term debt and A1+ for short term loan by CARE and International ratings of B1/B+ by Moody’s/Fitch respectively.