Embassy Group invested Rs 1,160 crore in Indiabulls Real Estate. Preferential allocation brings additional cash into Indiabulls, enabling new South Indian real estate developments.

Trident Group of Delhi has acquired Shipra Mall in Indirapuram, Ghaziabad, NCR from Indiabulls Housing Finance Ltd and Edelweiss Asset Reconstruction Company Ltd for Rs. 551 Crores.

CEO Gagan Banga emphasises investor base expansion and the consolidation of seven companies into the home finance company.

Recently Indiabulls Housing Finance said that a board-appointed committee has authorized a plan to raise up to Rs 50,000 crore through bonds.

NSE - 3.48% raised about $165 million selling five-year convertible bonds to overseas investors, two people familiar with the matter told ET.