Indiabulls Real Estate sells London property for 200m pounds
Shortpedia
Content Team
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Indiabulls Real Estate Ltd (IREL) has announced its wholly-owned subsidiary has now divested the complete stake in Century Ltd to Clivedale Overseas Ltd, a company owned by promoters of Indiabulls Real Estate for near about 200 million pounds (about Rs 1,830 crore). Incidentally, Century Ltd is the indirect owner of London-based Hanover Square property purchased for 161.5 million pounds (about Rs 1,478 crore).
