Bombay Dyeing shares rise 20% on land deal; debt reduction plans financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Bombay Dyeing has approved the sale of a land parcel in Worli, Mumbai to Goisu Realty for Rs 5200 crore. As part of the mill land policy, Bombay Dyeing surrendered eight acres of land to the BMC and Mhada. The developer will receive over 82,000 sq m of development rights in return.
Bombay Dyeing to sell 22-acre plot for Rs 5,200 cr to Sumitomo financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Japan s Sumitomo Realty & Development Company will buy a 22-acre land parcel in central Mumbai from Bombay Dyeing for Rs 5,200 crore, the Wadias-run company said on Wednesday.
The sale of the land parcel in Worli is one of the biggest land sale transactions in the history of the financial capital.
Bombay Dyeing to sell 22-acre plot for Rs 5,200 cr to Sumitomo financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.