18-Jan-2017 : Intimation of Board Meeting for consideration and approval of the unaudited financial results of Indiabulls Real Estate Limited (“the Company”) for the quarter and nine months ended December 31, 2016, and closure of Trading Window.

Scrip code- 532960 July 17, 2008

January 18, 2017

Scrip Code - 532832 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI - 400 001

IBREALEST/EQ National Stock Exchange of India Limited "Exchange Plaza", Bandra-Kurla Complex, Bandra (East), MUMBAI-400 051

Sub: Intimation of Board Meeting for consideration and approval of the unaudited financial results of Indiabulls Real Estate Limited ("the Company") for the quarter and nine months ended December 31, 2016, and closure of Trading Window.

Dear Sirs,

Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that a meeting of the Board of Directors of the Company will be held on Wednesday, January 25, 2017, to consider and approve inter alia the unaudited financial results of the Company for the quarter and nine months ended December 31, 2016.

We further wish to inform that in terms of SEBI (Prohibition of Insider Trading) Regulations, and Code of Conduct for Prevention of Insider Trading of the Company, the Trading Window, for dealing in securities of the Company, has been closed and shall remain closed till January 28, 2017.

Please take the above information on record.

Thanking you,

Yours truly

for Indiabulls Real Estate Limited

Ravi Telkar

Company Secretary

January 18, 2017

Luxembourg Stock Exchange

Luxembourg

Sub: Intimation of Board Meeting for consideration and approval of the unaudited financial results of Indiabulls Real Estate Limited ("the Company") for the quarter and nine months ended December 31, 2016.

Dear Sirs,

We wish to inform that a meeting of the Board of Directors of the Company will be held on Wednesday, January 25, 2017, to consider and approve inter alia the unaudited financial results of the Company for the quarter and nine months ended December 31, 2016.

Please take the above information on record.

Thanking you,

Yours truly

for Indiabulls Real Estate Limited

Ravi Telkar

Company Secretary