The project holds a cumulative estimated development potential of 4.10 lakh sq ft carpet area with over over 2.15 lakh sq ft available for sale with a potential Gross Development Value (GDV) of over Rs 2,000 crore.
Housing is a fundamental human right that should be available to everyone. With the UK having one of the least accomplished affordable housing markets in the developed world and having the highest rate of homelessness in Europe, it’s clear that action needs to be taken. And if we do it right, it is a win-win for
IBREL recently raised more than Rs 3,911 crore through a preferential allotment to a diverse group of investors, including Embassy Group and Blackstone. Embassy Group will be the largest shareholder in IBREL, with 18.7% ownership on a fully diluted basis.