{"id":74292,"date":"2026-08-26T18:11:15","date_gmt":"2026-08-26T12:41:15","guid":{"rendered":"https:\/\/mint-money.in\/index.php\/2026\/08\/26\/indiabulls-adds-rs-3700-crore-dwarka-expressway-project-portfolio-gdv-rises-to-rs-27308-crore\/"},"modified":"2026-08-26T18:11:15","modified_gmt":"2026-08-26T12:41:15","slug":"indiabulls-adds-rs-3700-crore-dwarka-expressway-project-portfolio-gdv-rises-to-rs-27308-crore","status":"publish","type":"post","link":"https:\/\/mint-money.in\/index.php\/2026\/08\/26\/indiabulls-adds-rs-3700-crore-dwarka-expressway-project-portfolio-gdv-rises-to-rs-27308-crore\/","title":{"rendered":"Indiabulls Adds Rs 3,700 Crore Dwarka Expressway Project, Portfolio GDV Rises to Rs 27,308 Crore"},"content":{"rendered":"
\n

Gurugram<\/strong> (Haryana) [India], August 26:<\/strong> Indiabulls Limited has expanded its real estate development pipeline with a new premium residential project on the Dwarka Expressway in Gurugram<\/strong>, taking the company\u2019s total real estate portfolio Gross Development Value (GDV) to \u20b927,308 crore.<\/strong><\/p>\n

The company has entered into a Development Management (DM) agreement<\/strong> with a private landlord for the project, which will be spread across approximately 10.84 acres<\/strong> and have around 21 lakh sq. ft. of saleable area<\/strong>. The project carries an estimated GDV of approximately \u20b93,700 crore<\/strong>, according to the company\u2019s investor press release.<\/p>\n

The latest mandate is also significant for Indiabulls\u2019 stated medium-term ambition of scaling its total real estate portfolio GDV to approximately \u20b980,000 crore over the next two to three years<\/strong>. The company said the capital-light development model is central to this strategy, allowing it to manage developer-led execution on landlord-owned land without deploying capital for land acquisition.<\/p>\n

Fifth Indiabulls Mandate Along Dwarka Expressway<\/strong><\/h3>\n

The new project marks Indiabulls\u2019 fifth mandate along the Dwarka Expressway corridor<\/strong>. Its existing presence in the micro-market includes Indiabulls Estate & Club, the Sector 105 branded-residence project, commercial developments in Sectors 99 and 99A, and a commercial joint venture in Sector 103 announced in March 2026.<\/p>\n

The company has indicated a mid-October 2026 launch<\/strong> for the new residential development, with Phase 1 and Phase 3 already RERA-registered under Haryana RERA<\/strong>. The project has an implied GDV of approximately \u20b917,600 per sq. ft.<\/strong><\/p>\n

A company spokesperson said the project demonstrates the operating model Indiabulls intends to replicate across NCR, Mumbai Metropolitan Region and other Tier-1 markets<\/strong>, combining landlord-owned parcels with developer-managed execution.<\/p>\n

Portfolio Crosses \u20b927,000 Crore<\/strong><\/h3>\n

Following the latest addition, Indiabulls\u2019 disclosed real estate portfolio comprises projects across Gurugram, Mumbai and Ludhiana<\/strong>, spanning owned, joint-venture and development-management structures. The company\u2019s release puts the aggregate portfolio GDV at \u20b927,308 crore<\/strong>, compared with \u20b923,608 crore in Q1 FY27<\/strong>.<\/p>\n

The portfolio includes \u20b99,623 crore-plus of GDV from owned projects<\/strong> and approximately \u20b917,719 crore from joint-venture and development-management projects<\/strong>, according to the company\u2019s disclosed pipeline.<\/p>\n

The company estimates that it needs to add roughly \u20b952,700 crore of additional GDV<\/strong> to reach its \u20b980,000 crore medium-term ambition. Its stated strategy includes additional development-management mandates and landlord joint ventures, particularly across NCR and MMR, along with select acquisitions and land tie-ups.<\/p>\n

Capital-Light Model at the Centre of Growth Strategy<\/strong><\/h3>\n

The Dwarka Expressway project reflects Indiabulls\u2019 growing focus on a capital-light real estate model<\/strong>. Under the Development Management structure, the land remains with the landlord while Indiabulls manages activities such as branding, marketing, sales and project execution.<\/p>\n

The company said this approach enables it to pursue portfolio expansion without committing balance-sheet capital to land acquisition. The DM structure is expected to generate fee-based income through marketing and branding, project management and execution, along with potential performance-linked components.<\/p>\n

However, the company has clarified that the specific commercial terms and fee quantum of the new mandate have not been disclosed<\/strong>. The fee ranges cited in the investor release are indicative industry benchmarks and should not be treated as a forecast of Indiabulls\u2019 earnings.<\/p>\n

Dwarka Expressway Emerges as Key Growth Corridor<\/strong><\/h3>\n

The company highlighted Dwarka Expressway\u2019s connectivity and infrastructure as key factors behind its continued focus on the corridor. The 29-km, eight-lane access-controlled road connects Delhi\u2019s Dwarka with NH-48 near Kherki Daula in Gurugram.<\/strong><\/p>\n

BSE India Source: https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/3df3445a-061c-41ad-9816-c420dd10c1bc.pdf<\/a><\/strong><\/p>\n

Indiabulls said the corridor has benefited from connectivity to IGI Airport<\/strong>, large-scale infrastructure development and demand from Gurugram\u2019s IT and ITES catchment. The company also pointed to the performance of its existing projects in the area, including Indiabulls Estate & Club<\/strong>, which it said is more than 75% sold<\/strong>, and Indiabulls Heights<\/strong>, which was approximately 100% sold during its launch week<\/strong>.<\/p>\n

Supporting FY27 Pre-Sales Ambitions<\/strong><\/h3>\n

The upcoming project is also expected to contribute to Indiabulls\u2019 residential sales pipeline. The company has previously guided towards a \u20b95,000 crore pre-sales target for FY27<\/strong>, supported by projects already launched, planned launches and its future development pipeline.<\/p>\n

With approximately 21 lakh sq. ft. of saleable residential development targeted for launch in October<\/strong>, the Dwarka Expressway project could become an important addition to the company\u2019s FY27 launch calendar.<\/p>\n

Indiabulls has positioned the latest mandate as another step towards building a larger, capital-efficient real estate platform. The company\u2019s stated strategy is to combine its existing execution and sales capabilities with development-management and joint-venture opportunities to expand its portfolio while maintaining a zero-debt real estate platform.<\/strong><\/p>\n

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Gurugram (Haryana) [India], August 26: Indiabulls Limited has expanded its real estate development pipeline with a new premium residential project on the Dwarka Expressway in […]<\/p>\n","protected":false},"author":1,"featured_media":74293,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[232],"class_list":["post-74292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/posts\/74292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/comments?post=74292"}],"version-history":[{"count":0,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/posts\/74292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/media\/74293"}],"wp:attachment":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/media?parent=74292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/categories?post=74292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/tags?post=74292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}