The project will be subject to registration with the Real Estate Regulatory Authority and other necessary approvals in FY 2025-26.
Indiabulls Enterprises is engaged in providing equipment renting services, management and maintenance services, financing and related activities, and certain other businesses.
The company reported a consolidated net loss of Rs 2.13 crore in Q3 FY25 as compared to a net loss of Rs 1.84 crore recorded in Q3 FY24. Net sales declined 11.4% year on year to Rs 13.32 crore in Q3 FY25.