 "'Freak trade': Investors push up yields of Indiabulls Housing bonds to 43%")
Indiabulls Real Estate Ltd's (IBREL) sales bookings jumped over two-fold to Rs 874 crore during the first six months of this fiscal year on revival of housing demand.
According to an investors presentation, new sales stood at Rs 874 crore in the first half of this fiscal year from Rs 368 crore in the corresponding period of the previous year.
The gross collection also rose to Rs 654 crore during April-September period from Rs 284 crore in the year-ago period.
"Consolidated debt of the company net of cash and liquid investments is Rs 967 crore as on September 30, 2021
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