Orbit Corporation Ltd has finalised its intent to sell the land at Kalina in Mumbai with the construction thereon of commercial office space at a value of Rs 807 Crore to JSW Steel Ltd, JSW Power Trading Company Ltd, and JSW Investments Pvt Ltd in the ratio of 35%, 15% and 50% respectively. Further the sale of JSW property known as Hafeez Contractor House located at Lower Parel, Mumbai, a commercial office space admeasuring 2,05,000 sq. ft. at a value of Rs 360/- Crore has been cancelled which was earlier agreed upon with JSW Steel Ltd and JSW Power Trading Company Ltd in the ratio of 70% and 30% respectively.Orbit Corporation Ltd -News Update
Orbit Corporation Ltd has finalised its intent to sell the land at Kalina in Mumbai with the construction thereon of commercial office space at a value of Rs 807 Crore to JSW Steel Ltd, JSW Power Trading Company Ltd, and JSW Investments Pvt Ltd in the ratio of 35%, 15% and 50% respectively. Further the sale of JSW property known as Hafeez Contractor House located at Lower Parel, Mumbai, a commercial office space admeasuring 2,05,000 sq. ft. at a value of Rs 360/- Crore has been cancelled which was earlier agreed upon with JSW Steel Ltd and JSW Power Trading Company Ltd in the ratio of 70% and 30% respectively.
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