Support and Resistance Levels
Past performance
About Embassy Developments Ltd Indiabulls Real Estate Limited, incorporated in 2006, is a prominent real estate developer in India, focusing primarily on residential and commercial properties. The company has a diverse portfolio that includes affordable, mid-income, premium, and super-luxury residential developments, primarily located in strategic regions like Mumbai Metropolitan Region (MMR) and the National Capital Region (NCR). With a Gross Development Value of Rs 30,130 crore and a net worth of Rs 6,740.23 crore as of March 31, 2023, the company oversees 17 ongoing projects covering a saleable area of 12.4 million sq. ft. and a commercial development with 25.5 million sq. ft. of leasable area under construction.
Indiabulls Real Estate has successfully delivered over 25 million sq. ft. of projects, including notable landmarks like Indiabulls Blu Estate & Club in Worli. The company also holds a significant land bank of over 1,846 acres, bolstered by 1,424 acres of SEZ land in Nasik. It has collaborated with international partners, including Blackstone Group and Mandarin Oriental Hotel Group, and executed several strategic divestments and acquisitions to streamline its operations and focus on core markets. This strategic maneuvering and financial agility have positioned Indiabulls as a key player in India's real estate sector.