Real Estate

IL&FS invites EoI for selling real estate space of 4.85 lakh square feet

Mumbai | Updated on October 10, 2019 Published on October 10, 2019

IL&FS Group has invited Expressions of Interest (EoI) for selling off real estate space totaling 4.85 lakh square feet (sq ft), as it looks to monetise its assets.

This includes a combination of commercial and residential premises across Mumbai, Kolkata and Hyderabad, which is held by three IL&FS Group subsidiaries. Real estate consulting firm CBRE South Asia will in the sale of the land assets.

Earlier, IL&FS had put its 2,880 acres of land banks in Kutch region for sale. Further, it has put its entire commercial real estate assets in the Gujarat International Finance Tec-City for sale which totals approximately 6 lakh sq ft.

Published on October 10, 2019
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