Lodha Developers in talks to sell London properties for Rs 4,200 crore: report
Updated : November 28, 2018 08:26 AM IST
The property developer is close to completing its formalities to sell Lincoln Square on Carey Street and 1 Grosvenor Square in Mayfair to a London-based international fund: report
Lodha Developers had a net debt of around Rs 14,000 crore, three times its net worth (Rs 4,660 crore), as on December 31, 2017.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more