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IBREL, Oricon to develop property in Mumbai

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Tapir Realty Developers, a 100% subsidiary ofIndiabulls Real Estate Ltd (IBREL) entered into an agreement this month with Oricon Properties, a subsidiary of Oricon Enterprises for developing more than 7,800sqm plot situated at Worli in Mumbai. The company is developing over 10 projects in India with total saleable area of over 30 million sq ft. It has presence in Mumbai, NCR and Chennai.

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