Reliance Communications said it has sold nearly 150 residential flats in Navi Mumbai for Rs 330 crore as part of its asset monetisation plans aimed at lowering debt.
"The disposal marks the commencement of RCom's monetisation programme for surplus real estate owned by the company. The sale consideration for the disposal of the flats at Navi Mumbai has been finalised at over Rs 330 crore," the company said in a statement.
The entire proceeds from the monetisation of real estate will be...
Reliance Communications begins asset monetisation, sells 150 flats for Rs 330 cr
"The disposal marks the commencement of RCom's monetisation programme for surplus real estate owned by the company. The sale consideration for the disposal of the flats at Navi Mumbai has been finalised at over Rs 330 crore," the company said in a statement.
The entire proceeds from the monetisation of real estate will be...
Reliance Communications begins asset monetisation, sells 150 flats for Rs 330 cr