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India: Realty firms start mega asset sales

Posted on 30 January 2012

Real estate companies across cities, pushed into a corner, have kicked off plans on an unprecedented scale to sell assets so they can trim their bulging debt and generate cash flows.
About a dozen large developers, including the country’s top realty firm, DLF Ltd, are raising about Rs.15,000 croreby monetizing their assets……………………………………….Full Article: Source


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