ITI plans ₹3,473 cr land sale for debt repayment
after close1 source ↓written by the desknot a recommendation
- land parcel
- 91-acre
- for debt repayment
- ₹3,473 cr
ITI announced a plan to sell a 91-acre land parcel in Bengaluru, aiming to generate ₹3,473 cr for debt repayment. This strategic move is part of the company's broader financial restructuring efforts to clear outstanding dues and improve operations. The sale highlights the growing value of real estate in Bengaluru, a key market for asset monetization.
Not investment advice. For informational purposes only.