Rs 27,308 Crore Project Portfolio: This Small-Cap Real Estate Company Secures Rs 3,700 Crore Gurugram Project Mandate; FII Stake Rises

On Tuesday, Indian equity benchmark indices traded lower, with the benchmark Nifty 50 index falling 41.70 points (0.17 per cent) to 24,177.35. Amid the market movement, Indiabulls share price jumps 2.38 per cent to Rs 27.49, gaining Rs 0.64 per share, after the company announced a new development management mandate for a residential project on Dwarka Expressway, Gurugram, with an estimated Gross Sales Value of around Rs 3,700 crore.

Indiabulls Secures Rs 3,700 Crore Gurugram Project

Indiabulls Limited, formerly known as Yaari Digital Integrated Services Limited, has entered into an understanding and agreement with a private landlord to undertake Development Management of a residential project proposed to be developed across approximately 10.84 acres on Dwarka Expressway in Gurugram.

According to the company's filing, Phase 1 and Phase 3 of the project have already received RERA registration, while the project is expected to be launched by mid-October 2026.

The project has an estimated saleable area of 21 lakh sq. ft. and a Gross Sales Value (GDV) of around Rs 3,700 crore. With the addition of this project, the total GDV of all projects of Indiabulls has increased to Rs 27,308 crore.
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Project to Expand Indiabulls' Development Portfolio

The latest development management mandate adds a sizeable residential project to Indiabulls' existing portfolio. The project is located on Dwarka Expressway in Gurugram and has already secured RERA registration for its first and third phases.

The company expects the project to be launched by mid-October 2026, subject to the applicable requirements. The estimated saleable area of 21 lakh sq. ft. and GDV of around Rs 3,700 crore make the project a significant addition to the company's overall development portfolio.

FII Stake Increases

According to the shareholding pattern provided, Foreign Institutional Investors (FIIs) increased their stake in Indiabulls Limited to 17.08 per cent in June 2026, compared with 17.00 per cent in March 2026.

About Indiabulls 

Indiabulls Ltd, formerly known as Yaari Digital Integrated Services Limited, is a listed company with its registered office in Gurugram, Haryana, and corporate office in Mumbai, Maharashtra. The company made the latest disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Disclaimer: The article is for informational purposes only and not investment advice