GSK sells worli plot for Rs107.6 crores
By Our Corporate Bureau | 24 Apr 2004
The plot has been bought by I-Ven Realty Limited, a joint venture between ICICI Venture Funds Management Company Limited and Oberoi Constructions. The assignment / sale is for a consideration of Rs.107.60 crores. The transaction is expected to be completed within 5 months upon receipt of requisite approvals and permissions.
Commenting on the occasion, S Kalyanasundaram, managing director, said “The transaction was executed through a transparent and structured process. I am pleased that the deal has been concluded in a manner which is mutually beneficial to both parties.“