Indiabulls Real Estate in its news release has announced that its wholly-owned subsidiary company, the Indiabulls Infrastructure Ltd. has got the Formal Approval for the development of a multi-product SEZ in Nashik, Maharastra. Department of Commerce (SEZ Section), Minis of Commerce & Industry, Government of India approved the proposal. It has further received an "in-principle" approval for the same but this time for Thane, Maharastra.

Indiabulls Infrastructure Ltd. is focused on development of large scale infrastructure projects.
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