Indiabulls Enters ₹3,700 Crore Gurugram Project; Shares Fall 1.01%

Mumbai August, 25: Indiabulls Limited has entered into an understanding and agreement with a private landowner to undertake development management of a residential project spread across approximately 10.84 acres on Dwarka Expressway in Gurugram, with the proposed development carrying an estimated Gross Sales Value of ₹3,700 crore.

According to the company’s exchange disclosure dated August 25, 2026, the project is planned on approximately 10.84 acres along Dwarka Expressway in Gurugram.

The company said Phase 1 and Phase 3 have already received RERA registration. The project is expected to be launched by October 2026 and has an estimated saleable area of around 21 lakh square feet.

The estimated Gross Sales Value of the project is around ₹3,700 crore. With the addition of this development, Indiabulls said the total GDV of all projects with the company will rise to ₹27,308 crore.

The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Stock Market Snaphsot

Indiabulls share price stood at ₹26.58, down ₹0.27 or 1.01%, as of 1:04 PM IST on August 25, 2026, according to the market data provided.

The stock was volatile during the session. After opening around ₹27.40, it moved lower through the morning and traded around ₹26.50 for an extended period.

Shares then jumped sharply towards ₹28.15 shortly before noon, but the move did not hold. The stock subsequently gave back most of those gains and was back below ₹27 at the cited timestamp.

About Indiabulls

Indiabulls Limited, formerly known as Yaari Digital Integrated Services Limited, has business interests that include real estate development activities.

The latest disclosure adds a sizeable residential opportunity in one of the key development corridors around Gurugram. The project has already secured RERA registration for two phases, with the company targeting an October 2026 launch.

Conclusion

The proposed 10.84-acre development on Dwarka Expressway gives Indiabulls another sizeable residential project in its pipeline, with an estimated saleable area of 21 lakh square feet and GDV of around ₹3,700 crore.

The company expects the addition to take the GDV of its overall projects to ₹27,308 crore. Meanwhile, shares closed the cited market update at ₹26.58, down 1.01%, as of 1:04 PM IST on August 25, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/IBULLSLTD/Indiabulls-Limited
• https://nsearchives.nseindia.com/corporate/YAARI_25082026115622_IBL_Exchange_intimation_25082026.pdf