Indiabulls promoters in talks to exit real estate business

Indiabulls promoters in talks to exit real estate business

Photo: Pradeep Gaur/Mint

Days after Indiabulls Group chairman Sameer Gehlaut said that the company will give up the real estate business if needed ahead of the proposed merger of Indiabulls Housing Finance Ltd with Lakhsmi Vilas Bank, the promoters have initiated talks with potential buyers to exit the business.

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