India: Godrej Properties to raise  $232m by selling office assets, use it to pare debt

India: Godrej Properties to raise  $232m by selling office assets, use it to pare debt

Pirojsha Godrej also heads Godrej Properties as its managing director. Photo: Aniruddha Chowdhury/Mint

Godrej Properties Ltd (GPL) plans to sell some of its office assets to raise around Rs1500 crore, a significant portion of which would be used to pare debt.

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