Indiabulls Real Estate Limited to be listed on BSE, NSE tomorrow

Mumbai, Mar 22 (UNI) Indiabulls Real Estate Limited (IREL), the real estate arm of Indiabulls Group, will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) from tomorrow.

IREL had recently demerged from Indiabulls Financial Services Limited (IFSL), one among the 68 Indian Blue-Chip Companies that constitute the Morgan Stanley India Index (MSCI), an official release said here today.

CLSA, the largest research advisory house in Asia had recently reported that IREL is a part of the model portfolio of the 30 best companies in Asia. The company has a networth of Rs 2,200 crore, the release added.

UNI