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IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

Updated : May 31, 2019 08:51 AM IST

The move comes as the firm tries to reduce close to Rs 94,000 crore debt and improve cash position.
The sale price of IL&FS' corporate headquarters in Mumbai’s Bandra Kurla Complex (BKC) is expected to be around Rs 1,500 crore.
IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

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