Gold Silver Reports (GSR) – Indiabulls Real Estate Gains On Divesting Stake In Mumbai’s Commercial Real Estate — Shares of the Delhi-based commercial and residential real estate developer rose as much as 3.8 percent, the most since March 21, to Rs 199.20 after it executed a definitive agreement with global private equity investor Blackstone Group to divest 50 percent stake in its prime commercial properties in Mumbai for Rs 4,750 crore, according to an exchange filing by the company.
