IT SEZ LAND in Noida

80

The land parcel of 33.75 Acres was subleased (under tripartite sublease deed) to the company on 1/5/2013. The land subleased was a part of the 75 acres land alloted to M/S Ansal IT City & Parks Ltd in 2006. IT SEZ was approved on the land by Ministry of Commerce (GOI).

Category:

Description

Deal No LA-5
Business Domain IT Land
Sub-Domain IT SEZ Land
Geographical Location of Asset Yamuna Expressway, Greater Noida
Reason for Stress Down turn in Real estate & financial mismanangement of the promoter
Price Range/Ticket Size Rs. 80 Cr.
Debt Crystalized in price.
Value of Associated Real Estate Rs 135Cr
Details of Other Liablities There is no other liablity whatsoever
Financials The Asset can be acquired in the Resolution Process under Insolvency & Bankruptcy Code-2016 @ Rs 90Cr on a staggered payment basis .
Litigations Under CIRP before NCLT
Additional Information For Premium Members Only
Ways to unlock potential For Premium Members Only
Exit Strategy For Premium Members Only
Name of Owner For Premium Members Only

 

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