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IBULLSLTD — Indiabulls News Story

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India's Indiabulls gains after Gurugram project deal

BUZZ-India's Indiabulls gains after Gurugram project deal

- ** Shares of Indiabulls IDIB.NS rise 5% to 28.2 rupees

** Real estate firm signs deal to build a residential project in Gurugram with gross sales value 37 billion rupees ($386.59 million)

** Phase 1, 3 of project already received real estate authority registration; project expected to be launched by mid-October

** Stock up 59% YTD



($1 = 95.7075 Indian rupees)


(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com;))

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