Jul 1 2016 | India Opportunities
HDIL in talks to sell land parcel in Palghar and Virar
Mumbai-based property developer HDIL is in talks to sell land parcel of five million sq ft each in the Palghar and Vasai-Virar region. The deal could be in the range of Rs 350-400 crore as per news reports from each of this land parcel. The sale proceeds is likely to be used to lower the debt burden.