{"id":1393,"date":"2017-03-16T18:17:40","date_gmt":"2017-03-16T12:47:40","guid":{"rendered":"https:\/\/www.propstack.com\/news\/?p=1393"},"modified":"2017-03-16T18:17:40","modified_gmt":"2017-03-16T12:47:40","slug":"indiabulls-real-estate-up-3-arm-to-acquire-india-land-for-rs-685-crore","status":"publish","type":"post","link":"https:\/\/www.propstack.com\/news\/indiabulls-real-estate-up-3-arm-to-acquire-india-land-for-rs-685-crore\/","title":{"rendered":"Indiabulls Real Estate up 3%, arm to acquire India Land for Rs 685 crore"},"content":{"rendered":"<p>Share price of Indiabulls Real Estate added nearly 3 percent intraday Wednesday as it has signed an agreement to acquire India Land &amp; Properties for Rs 685 crore.<\/p>\n<p>The company&#8217;s wholly owned subsidiary Indiabulls Infrastructure has signed a definitive agreement to acquire 100 percent share capital of India Land and Properties (ILPL), for an aggregate consideration of Rs 685 crore, from Indiabulls Distribution Services, which is a wholly owned subsidiary of Indiabulls Ventures.<\/p>\n<p>The deal is expected to be completed in the current financial year and post the completion of the deal ILPL will become 100 percent wholly owned subsidiary of the company.<\/p>\n<p>&nbsp;<\/p>\n<p>Read more:\u00a0<a href=\"http:\/\/www.moneycontrol.com\/news\/business\/stocks-business\/indiabulls-real-estate-up-3-arm-to-acquire-india-land-for-rs-685-crore-2150875.html\" target=\"_blank\">Moneycontrol<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Share price of Indiabulls Real Estate added nearly 3 percent intraday Wednesday as it has signed an agreement to acquire India Land &amp; Properties for Rs 685 crore. The company&#8217;s wholly owned subsidiary Indiabulls Infrastructure has signed a definitive agreement to acquire 100 percent share capital of India Land and Properties (ILPL), for an aggregate\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.propstack.com\/news\/indiabulls-real-estate-up-3-arm-to-acquire-india-land-for-rs-685-crore\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[211],"class_list":["post-1393","post","type-post","status-publish","format-standard","hentry","category-companies","tag-indiabulls"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=1393"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1393\/revisions"}],"predecessor-version":[{"id":1394,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1393\/revisions\/1394"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=1393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=1393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=1393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}