AZB, SAM, Khaitan act on Indiabulls, InterGlobe acquisition of office tower from Hines for 200 crore

Indiabulls Dual Advantage Commercial Assets Fund has bought a commercial office tower in Gurugram from real estate firm Hines India Ltd for around Rs. 200 crore.

Indiabulls has partnered with co-investor InterGlobe Real Estate Ventures Pvt. Ltd (IGR), the real estate arm of InterGlobe Enterprises Pvt. Ltd for this acquisition, reported Mint.

AZB & Partners

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