Mumbai's mill land auctions continue to fetch sky-high prices. Indian developer Indiabulls Real Estate on Friday won National Textile Corp’s (NTC's) Bharat Mill for a whopping Rs 1,505 crore.

The winner of the second auction in just a week, IBREL bought the 8.37 acre plot in central Mumbai of NTC..

MUMBAI: Indiabulls Real Estate on Thursday saw 64.7 million shares, or about 16 per cent of the equity, at a weighted average price of 241.27
change hands in four block deals on the Bombay Stock Exchange.

The company had told the stock exchange last week that inter se promoter transfer of 64.7 m..

MUMBAI: CD Equisearch has advised traders to buy Indiabulls Real Estate with stoploss of Rs 268.

“Buy Indiabulls Real Estate with stoploss of Rs 268 for a target of Rs 279-283-289,” the report said.