Real Estate

Indiabulls Real Estate Sells London Property To Promoters For 200 Mn Pounds | Business Standard News

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Indiabulls Real Estate on Saturday said it has sold its property in London to a promoter group firm for 200 million pounds (about Rs 1,830 crore) as part of its plan to focus on the India business and cut debt. At its annual general meeting (AGM) on September 28, the company's shareholders had approved a proposal to sell its London property to promoters for 200 million pounds.

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