August 25, 2026: Indiabulls Limited, formerly known as Yaari Digital Integrated Services Limited, has entered into an understanding and agreement with a private landlord to undertake Development Management of a residential project spread across approximately 10.84 acres on Dwarka Expressway in Gurugram.
Author: Aadarsh Patel | EQMint
The project has an estimated Gross Sales Value (GDV) of around ₹3,700 crore and a saleable area of approximately 21 lakh sq. ft., according to the company’s regulatory filing dated August 25, 2026.
Project to Launch by Mid-October 2026
Phase 1 and Phase 3 of the proposed residential development have already received RERA registration.
The project is expected to be launched by mid-October 2026, giving Indiabulls a sizeable upcoming residential development in one of Gurugram’s major real estate corridors.
The company has entered into the arrangement under a development management model with the private landlord.
₹3,700 Crore Gross Sales Value
The proposed project has an estimated saleable area of 21 lakh sq. ft. and a GDV of approximately ₹3,700 crore.
GDV refers to the estimated total sales value of the units in a real estate project. Actual revenue and profitability for the company will depend on the final development and sales structure, project execution, customer demand and other commercial factors.
With the addition of this project, Indiabulls’ total GDV across all projects has increased to ₹27,308 crore, according to the company.
Key Project Details
| Particular | Details |
|---|---|
| Company | Indiabulls Limited |
| Project Location | Dwarka Expressway, Gurugram |
| Land Area | Approx. 10.84 acres |
| Saleable Area | Approx. 21 lakh sq. ft. |
| Estimated GDV | Approx. ₹3,700 crore |
| RERA | Phase 1 & 3 registered |
| Expected Launch | Mid-October 2026 |
| Total Company GDV | ₹27,308 crore |
| NSE Symbol | IBULLSLTD |
| BSE Scrip Code | 533520 |
Dwarka Expressway Adds to Gurugram Real Estate Exposure
The project is located on Dwarka Expressway, a major residential and commercial development corridor connecting Gurugram with Delhi.
The addition of a 10.84-acre residential project gives Indiabulls further exposure to Gurugram’s housing market. The project’s sizeable 21 lakh sq. ft. saleable area also provides a substantial development pipeline ahead of its planned October launch.
Indiabulls’ Total Project GDV Rises to ₹27,308 Crore
The new project takes the company’s total estimated GDV across its projects to ₹27,308 crore.
For investors tracking Indiabulls, the key factors to watch will be the project’s launch, sales bookings, construction progress, execution timelines and eventual contribution to the company’s financial performance.
The ₹3,700 crore figure represents estimated GDV, so it should not be treated as immediate revenue or profit for Indiabulls.
What Investors Should Watch
The upcoming October launch will be an important milestone for the project.
Investors may track the pace of bookings, sales realisation, construction progress and the company’s broader real estate portfolio to assess how the new development contributes to its business.
The project also adds another large residential development to Indiabulls’ portfolio at a time when Gurugram continues to see significant residential activity along the Dwarka Expressway corridor.
Key Takeaways
- Indiabulls has entered into a development management agreement for a 10.84-acre residential project in Gurugram.
- The project is located on Dwarka Expressway.
- Estimated saleable area is 21 lakh sq. ft.
- Estimated GDV is around ₹3,700 crore.
- Phase 1 and Phase 3 have received RERA registration.
- Project launch is expected by mid-October 2026.
- Indiabulls’ total project GDV rises to ₹27,308 crore.
FAQs
What project has Indiabulls announced?
Indiabulls has entered into an agreement with a private landlord to undertake Development Management of a residential project spread across approximately 10.84 acres on Dwarka Expressway, Gurugram.
What is the estimated value of the project?
The project has an estimated Gross Sales Value of around ₹3,700 crore.
What is the project’s saleable area?
The estimated saleable area is approximately 21 lakh sq. ft.
When will the project launch?
The company expects the project to be launched by mid-October 2026.
What is Indiabulls’ total project GDV after this announcement?
The company’s total GDV across all projects has increased to approximately ₹27,308 crore.
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Disclaimer: This article is not an investment advice and is for educational purpose only.
