Indiabulls Real Estate to purchase commercial building in Gurgaon

building-clipart-cityscape-city-skyline-clipart-building-clipart-imageBy Accommodation Times Bureau


On Thursday Indiabulls Real Estate announced that it will acquire a commercial building on a leasable area of 2.5 lakh sq ft in Gurgaon.

The company through its wholly-owned subsidiary Yashita Buildcon entered into a binding and final agreement to acquire a prime and newly constructed commercial building, having a leasable area of approx 2.5 lakh sq ft in Gurgaon, Indiabulls Real Estate said in BSE filing.

According to the filing, “The deal is expected to get completed in three to four months when the Occupation Certificate of the building is expected to be received.”

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