• According to Indiabull' s recent declaration to India' s state agency, we are looking at a huge cash cow in the pipeline. http://environmentclearance.nic.in/writereaddata/formB/MODIEC/27042017XERW3KIFCoveringletter.PDF
• Indiabulls Real Estate' s share prices surged by > 50% since with the April' s news about Sky-suites. The raise may not totally attribute to Sky-Suites but analysts do report about this positive development. http://equitybulls.com/admin/news2006/news_det.asp?id=203371

• If you had bought at IPO for $1.00, Your loss (based on mandatory offer price): 95%*
• If you had bought at IPO for $1.00 & subscribed for rights, Your loss (based on mandatory offer price): 93%*

• The shares were listed at $1 in 2008 and neligible dividends were paid from 2012-2016.
• A year later, 1 billion rights were issued at $0.16
• In 2015, every five shares were merged into one share. 

What would happen is projects in  IPIT like Suites and Forest  will also come up for  revenue recognition in the current fiscal year.  What this would also do is, aside from the IPIT consolidation the overall projects in IBREL will also generate a positive surplus cash flow over the next four years of about Rs 20,000 crore.  What we have given in the earnings presentation is over the  next four years a lot of projects will be hitting revenue recognition and the cash collection.  From a revenue recognition stand point we are looking for all these projects to start showing up along with Suites and Forest. As far as the cash flow is concerned we do expect  all of these projects to start throwing significant cash flows and over the next four years  expect around Rs 20,000 crore to show up over the course of the next four years. So, the outlook over here is positive and direction is northwards from here.

PS: Each  Crore refers to 10 million in Indian Rupees. 20,000 crore will be 20 billion rupees

As far as the demand is concerned if you look at the  commercial segment it has definitely turned around and we see that the vacancy levels have dropped down to the lowest level in the last five years.  That is a pre cursor to the residential demand, the overall macro environment is also very positive. We have seen interest rates coming down steadily

PS: In their annual/quarterly reports to shareholders, more dismay outlooks were painted.

 

Conclusion - IPIT investors were ripped off thoroughly.